Reported 1 day ago
Intel has announced the sudden retirement of CEO Pat Gelsinger, effective December 1, amid speculations that his departure is connected to internal disagreements over the company's future direction, particularly concerning a potential split between its foundry and design operations. With the company's stock declining sharply this year, analysts note that Gelsinger's unexpected exit raises questions about Intel's strategy going forward and the urgency to identify a new CEO to lead the company's recovery and growth.
Source: YAHOO