Intel CEO Pat Gelsinger Retires

This is a news story, published by CNBC, that relates primarily to Pat Gelsinger news.

Pat Gelsinger news

For more Pat Gelsinger news, you can click here:

more Pat Gelsinger news

tech giants news

For more tech giants news, you can click here:

more tech giants news

CNBC news

For more news from CNBC, you can click here:

more news from CNBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech giants news, you might also like this article about

Intel products CEO MJ Holthaus

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Intel CFO David Zinsner news, CEO Pat Gelsinger news, tech giants news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Intel

CNBC

•

Technology

Intel CEO Pat Gelsinger is out, stock up 5%

Summary

Nutrition label

72% Informative

Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1 .

CFO David Zinsner and Intel products CEO MJ Holthaus were named interim co-CEOs.

Frank Yeary will serve as Intel 's interim executive chair.

Intel has been mired in an extended slump due to market share losses in its core businesses and inability to crack the artificial intelligence market.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful