The Latest Breaking News from Patrick Gelsinger

In a combination of a press release and series of tweets from CEO Pat Gelsinger, Intel this afternoon has announced a pair of significant corporate leadership changes at the company, which will impact both their Intel Foundry Services (IFS) and graphics/accelerator business segments. In brief, IFS is getting new leadership,…

Intel Chief Architect Raja Koduri is leaving the company to start his own company.

Intel's stock price has plummeted since Gelsinger took the helm in 2021. Now Intel is cutting investor dividends, too.

Lower PC demand is hurting Intel's future profit margin, several analysts warn investors.

Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn. The reductions will range from 5% of base pay for…

Intel is slashing its CEO pay by 25%—but cuts aren't just limited to executives.

Intel Corp. is forecasting one of the worst quarters in its history, touching off a broader selloff of chips companies as a slowdown in personal-computer sales ravages the industry.

We stumbled ... we lost share ... we lost momentum," said CEO Pat Gelsinger.

“I don't think I've ever seen anything quite like this before”, said one senior semiconductor analyst for Bernstein Research.

7investing CEO Simon Erickson discusses what the upcoming challenges for Intel will mean for investors in the stock market.

"We are responding to the current environment by taking aggressive actions to reduce costs ... including steps to optimize our headcount," said CEO Pat Gelsinger.