4 place 1

472 What happened to Intel?

The Verge
Sean Hollister @ The Verge · 12/03/2024 14:45 EDT

What happened to Intel?

Intel CEO Pat Gelsinger holds up an early Intel 18A wafer in late 2023. | Image: Intel


On Monday, Intel CEO Pat Gelsinger abruptly decided to retire after less than four years on the job. That was the official story, anyhow. Within hours, Reuters, Bloomberg, and The New York Times had a different one: the board of directors pushed him out.
Three and a half years ago, Gelsinger announced an ambitious plan to turn around the troubled chipmaker within four years — now, he’s reportedly been kicked out.

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