Intel CEO Pat Gelsinger has retired; the global chipmaker’s challenges remain

Category: Business

Intel's CEO Pat Gelsinger has retired after four years, with David Zinsner and Michelle Johnston Holthaus appointed as interim co-CEOs. The company faces challenges in regaining market share and funding amidst recent layoffs and financial struggles, but remains committed to expanding operations in Oregon, including a $30 billion investment in its Hillsboro campus.

Keywords: Intel, CEO retirement, semiconductor industry

Source: OPB News

Update At: 12/3/2024

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