Intel CEO Pat Gelsinger Steps Down Amidst Company Struggles
TL;DR
Pat Gelsinger has retired as CEO of Intel after three years, leaving the company without a permanent replacement and facing significant challenges. During his tenure, Intel struggled with competition from Nvidia and Qualcomm, issues with its CPU products, and a declining stock performance. The company is now led by interim co-CEOs David Zinsner and Michelle Johnston Holthaus as it seeks a new direction and leadership.
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