Former Intel CEO Pat Gelsinger took to social media to invite people to pray and fast for the chipmaker's employees, saying the company is going through a "difficult period." ...
53%. That’s how much Intel stock returned during Gelsinger’s 3.5-year tenure as the chipmaker’s top executive. The benchmark S&P 500 stock index returned 69% during the timeframe, while fellow ...
Intel's former CEO Pat Gelsinger is in line to receive millions of dollars in severance and other compensation following his decision this weekend to step down and retire from the struggling ...
Through publicly available 8-K Forms and a guesstimate from Reuters, Patrick Gelsinger has reportedly left Intel with a severance package worth $12 million - further exacerbated by his large stake ...
The company is “highly invested” in building a world-class contract chip-making business, Holthaus said, continuing on the mission of the recently-departed CEO Pat Gelsinger.
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 ...
Intel (NASDAQ: INTC) is set to begin a new phase of its history amid the sudden retirement of CEO Pat Gelsinger ... Nonetheless, Intel's price-to-sales (P/S) ratio of 1.8 is close to multiyear ...
Intel’s (INTC) CEO Patrick P. Gelsinger purchased 11,150 common shares of the company, according to a recent SEC filing. The price per share was $22.53 per share, totaling an investment of $251,198.
When Patrick Gelsinger returned in 2021, he promised a brighter future for Intel and along with it, a larger market share in the global chip business. Gelsinger’s plan to explore avenues beyond ...
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 ...
Patrick P. Gelsinger has retired from Mobileye Global Inc.’s board as he steps down as Intel’s CEO, with no disputes causing his departure. Meanwhile, Frank D. Yeary takes on the interim role ...
"Schedule slip on something important," was listed as one possible precipitating factor in Gelsinger's demise by Patrick Moorhead of Moor Insights & Strategy, in a post on X. Other possibilities ...