Pat Gelsinger
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Ex-Intel CEO Says Will Fast This Week For 100,000 Employees. Here's Why
Gelsinger's appeal follows his abrupt removal by the Intel board, who lost confidence in his strategic vision.
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Intel's Interim Co-CEO David Zinsner Says New Chief Executive Will Have Foundry Experience
Intel's interim co-CEO David Zinsner said that the company's next chief executive officer will have manufacturing expertise as well as experience in the product side of the chipmaking business. The firm has reportedly started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker, a ...
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Intel Stands By Forecast After CEO Exit, Vows To Be Thriftier
Intel Corp, fresh off the abrupt departure of Chief Executive Officer Pat Gelsinger, stuck with its current financial forecast during a presentation Wednesday while also saying it would keep a tight rein on capital spending.
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Intel Said to Approach Candidates for CEO Role, Including Former Board Member Lip-Bu Tan
Intel is said to be considering several external candidates for the position of Chief Executive Officer, including former board member Lip-Bu Tan. The company recently ousted veteran Pat Gelsinger, three years after he inherited a company rife with challenges that he compounded.
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Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan
The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.
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"Honour Of My Lifetime": Pat Gelsinger After Stepping Down As Intel CEO
Pat Gelsinger has stepped down as the CEO of Intel Corporation effective December 1, just under four years after taking the top job.
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As Intel Forces CEO Pat Gelsinger Out, What's Next For American Chipmaker
Less than four years after taking the helm of Intel, Chief Executive Pat Gelsinger resigned from the company on Monday following pressure from the board.
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Intel CEO To Unveil Cost-Cutting Plan In September Meeting
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors to slice off unnecessary businesses and revamp capital spending.
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Intel Sells Stake in Chip Designer Arm Holdings
Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday.
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''Hardest Thing I Have Done In My Career'': Intel CEO On Over 15,000 Job Cuts
Intel will lay off over 15,000 employees, approximately 15 per cent of its workforce by the end of 2024, CEO Pat Gelsinger announced on Thursday.
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Intel's Graphics Chief Raja Koduri to Depart at End of March, Will Start New Software Company to Rival Nvidia
Raja Koduri, the chief architect at Intel, is leaving to start a company that aims to loosen longtime rival Nvidia Corp's grip on the digital movie and video game markets. Koduri, whose departure was announced by Intel Chief Executive Pat Gelsinger in a tweet on Tuesday, told Reuters his as-yet-unnamed company will aim to make a new wave of so-call...
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Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
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Intel's Mobileye IPO Not Capital Raise but Market Entry for Self-Driving Tech Firm, CEO Pat Gelsinger Says
Intel's initial public offering of its self-driving tech company Mobileye was not a capital raise but part of the company's efforts to make an entry into the market, CEO Pat Gelsinger said on Monday. He also said he believes self-driving cars could become commonplace on the streets by the middle of the decade. Gelsinger was asked about why Intel wa...
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Intel CEO Pat Gelsinger Earned 1,711 Times More Than Average Company Worker in 2021, US Filing Shows
Intel CEO Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year, a regulatory filing showed.
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Intel Picks Germany for New Chip-Making Complex in First Part of Mega Europe Investment
Intel has announced that Germany will be the site for a huge new chipmaking complex, giving the first details of a $88 billion (roughly Rs. 6,70,187 crore) investment drive across Europe.
-
Ex-Intel CEO Says Will Fast This Week For 100,000 Employees. Here's Why
Gelsinger's appeal follows his abrupt removal by the Intel board, who lost confidence in his strategic vision.
-
Intel's Interim Co-CEO David Zinsner Says New Chief Executive Will Have Foundry Experience
Intel's interim co-CEO David Zinsner said that the company's next chief executive officer will have manufacturing expertise as well as experience in the product side of the chipmaking business. The firm has reportedly started evaluating a handful of outsiders including former board member Lip-Bu Tan to take the reins of the struggling chipmaker, a ...
-
Intel Stands By Forecast After CEO Exit, Vows To Be Thriftier
Intel Corp, fresh off the abrupt departure of Chief Executive Officer Pat Gelsinger, stuck with its current financial forecast during a presentation Wednesday while also saying it would keep a tight rein on capital spending.
-
Intel Said to Approach Candidates for CEO Role, Including Former Board Member Lip-Bu Tan
Intel is said to be considering several external candidates for the position of Chief Executive Officer, including former board member Lip-Bu Tan. The company recently ousted veteran Pat Gelsinger, three years after he inherited a company rife with challenges that he compounded.
-
Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan
The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.
-
"Honour Of My Lifetime": Pat Gelsinger After Stepping Down As Intel CEO
Pat Gelsinger has stepped down as the CEO of Intel Corporation effective December 1, just under four years after taking the top job.
-
As Intel Forces CEO Pat Gelsinger Out, What's Next For American Chipmaker
Less than four years after taking the helm of Intel, Chief Executive Pat Gelsinger resigned from the company on Monday following pressure from the board.
-
Intel CEO To Unveil Cost-Cutting Plan In September Meeting
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors to slice off unnecessary businesses and revamp capital spending.
-
Intel Sells Stake in Chip Designer Arm Holdings
Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday.
-
''Hardest Thing I Have Done In My Career'': Intel CEO On Over 15,000 Job Cuts
Intel will lay off over 15,000 employees, approximately 15 per cent of its workforce by the end of 2024, CEO Pat Gelsinger announced on Thursday.
-
Intel's Graphics Chief Raja Koduri to Depart at End of March, Will Start New Software Company to Rival Nvidia
Raja Koduri, the chief architect at Intel, is leaving to start a company that aims to loosen longtime rival Nvidia Corp's grip on the digital movie and video game markets. Koduri, whose departure was announced by Intel Chief Executive Pat Gelsinger in a tweet on Tuesday, told Reuters his as-yet-unnamed company will aim to make a new wave of so-call...
-
Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
-
Intel's Mobileye IPO Not Capital Raise but Market Entry for Self-Driving Tech Firm, CEO Pat Gelsinger Says
Intel's initial public offering of its self-driving tech company Mobileye was not a capital raise but part of the company's efforts to make an entry into the market, CEO Pat Gelsinger said on Monday. He also said he believes self-driving cars could become commonplace on the streets by the middle of the decade. Gelsinger was asked about why Intel wa...
-
Intel CEO Pat Gelsinger Earned 1,711 Times More Than Average Company Worker in 2021, US Filing Shows
Intel CEO Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year, a regulatory filing showed.
-
Intel Picks Germany for New Chip-Making Complex in First Part of Mega Europe Investment
Intel has announced that Germany will be the site for a huge new chipmaking complex, giving the first details of a $88 billion (roughly Rs. 6,70,187 crore) investment drive across Europe.
