So, maybe it isn’t surprising that CEO Pat Gelsinger is leaving. The announcement was made via press release this morning, ...

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Intel announced Monday that CEO Pat Gelsinger has retired effective December 1, as the once dominant chip-making giant company struggles to catch up with rivals.

In the interim, the US chip giant will be led by CFO David Zisner and Michelle Johnston Holthaus, the head of Intel products.

Intel CEO Pat Gelsinger has retired, with David Zinsner and Michelle Johnston Holthaus named as interim co-CEOs.

Mr. Gelsinger, who took the helm of the chipmaker in 2021, will be replaced in the interim by two Intel executives, David ...