Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.
Gelsinger, whose career has spanned more than 40 years, also stepped down from the company's board, effective Dec. 1, 2024.
Intel Chief Executive Pat Gelsinger was fired less than four years after taking over, leaving two lieutenants in charge while ...
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
Intel is considering tapping an outside hire as CEO, a nearly unprecedented occurrence, as the company reels from the ouster ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback