Intel CEO Pat Gelsinger Quits, Leaving The Company’s Foundry Strategy Potentially In The Doldrums ...Middle East

In what might come as a major blow to Intel bulls' hopes of seeing the company's fortunes revived, its CEO Pat Gelsinger - the architect of its foundry strategy - has called it quits. To wit, Intel has just announced that Pat Gelsinger has resigned, effective the 01st of December, 2024. In another aberrant development, Intel has announced two interim co-CEOs: David Zinsner and Michelle (MJ) Johnston Holthaus. The company went on to note: "Zinsner is executive vice president and chief financial officer, and Holthaus has been appointed to the newly created position of CEO of Intel Products, a group […]

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