Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have left it playing catch-up in critical markets.

Intel's CEO exit reignites discussions on splitting off factories, with questions about financial recovery and CHIPS Act funding.

On Monday, tech-giant Intel announced that its CEO Pat Gelsinger had resigned following a tumultuous tenure at the company. Since he took over the company in February 2021, the company’s stock has plunged 61%, and the company announced in August that it ...

Leadership changes at large publicly traded companies from Boeing to Starbucks were a feature of the corporate landscape in a tumultuous year.

Computer chip maker Intel announced the retirement of chief executive Pat Gelsinger on Monday, raising new questions about the company’s future even as the United States is set to give it billions of dollars to build up the country’s ability to manufacture chips at home.

Intel said on Monday that CEO Pat Gelsinger was retiring, effective immediately. Two senior leaders will take over as interim co-CEOs while it searches for a permanent replacement. The move calls into question the company's strategic direction and the future of its foundry business.

Intel may have ousted CEO Pat Gelsinger, but he’s leaving the company with a significant payday. He’s set to receive 18 months of his base annual salary of $1.25 million, according to a filing with the Securities and Exchange Commission.

Intel stock dropped 6% on Tuesday as investors reacted to the CEO's departure. Wall Street analysts say there's more uncertainty ahead for the chip maker.

When Intel hired Gelsinger in 2021 to revive the chipmaker's fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.