Intel CEO Pat Gelsinger

Intel CEO Patrick Gelsinger retires amid company struggles

Intel CEO Patrick Gelsinger has stepped down after less than four years, as the company struggles to compete with industry leaders like Nvidia and TSMC. The decision followed a board meeting where directors expressed concerns about the slow progress of Gelsinger’s turnaround plan.

December 3, 2024
December 3, 2024

Intel CEO Patrick Gelsinger retires amid company struggles

Intel CEO Patrick Gelsinger has stepped down after less than four years, as the company struggles to compete with industry leaders like Nvidia and TSMC. The decision followed a board meeting where directors expressed concerns about the slow progress of Gelsinger’s turnaround plan.