Reported 1 day ago
Intel Corp. is searching for a new CEO, focusing on external candidates like Marvell's Matt Murphy and former Cadence CEO Lip-Bu Tan. This shift follows the unexpected ouster of CEO Pat Gelsinger and comes amid a challenging time for the company, which has faced significant management turnover and lost revenue to competitors. With its board seeking new leadership, analysts express concerns about finding someone capable of navigating Intel's complex operations and revitalizing the company during intense industry competition.
Source: YAHOO