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  • Ex-Intel CEO says he will fast for 100,000 employees, invites people to pray with him. Here's why

    Pat Gelsinger’s message concluded with a call for resilience and hope, quoting Proverbs 3:3: “Let love and faithfulness never leave you; bind them around your neck, write them on the tablet of your heart.”

  • Intel's ousted CEO Pat Gelsinger to receive up to $12 million payout

    The board told Gelsinger he could retire or be removed, and he chose to step down, Reuters reported.

  • Intel CEO Pat Gelsinger forced out by board frustrated with slow progress

    Intel Chief Financial Officer David Zinsner and Executive Vice President Michelle Johnston Holthaus are serving as interim co-CEOs while the board searches for Gelsinger’s replacement, the company said in a statement.

  • Intel CEO takes aim at Nvidia in fight for AI chip dominance

    Gelsinger took a direct shot at Nvidia CEO Jensen Huang’s claim that traditional processors like Intel’s are running out of steam in the age of artificial intelligence.

  • Intel tumbles most since 2021 after giving weak forecast

    Intel’s first-quarter projection for both sales and profit came in well short of Wall Street estimates, and executives struggled to soothe concerns during a conference call with analysts.

  • India brings opportunity for consumption, is the fastest-growing market : Intel's Steve Long

    The Asia Pacific and Japan (APJ) will drive Intel's roadmap to product leadership by 2025, APJ head Steve Long said.

  • New chip plant decision by year-end, not sure to be in Italy: Intel CEO Pat Gelsinger

    In her end-of-year news conference in December, Italian Prime Minister Giorgia Meloni said she considered an investment by Intel in Italy as highly strategic and would schedule a meeting with the company to explore ways to facilitate it.

  • Chip shortage risks expansion, says Intel CEO Pat Gelsinger

    Pat Gelsinger said at a press roundtable on the sidelines of the World Economic Forum that “to us, this is now the No. 1 issue, is in fact the delivery of equipment.”

  • Intel CEO Pat Gelsinger's 3 tips for success

    At an event in Ohio last week, Pat Gelsinger told the audience that they will face setbacks, but it is their approach to difficulties that will define them.

  • Intel to invest $7 billion in new plant in Malaysia, creating 9,000 jobs

    The new advanced packaging facility in Malaysia is expected to begin production in 2024, he said.

  • Intel to invest up to 80 billion euros in boosting EU chip capacity: CEO Pat Gelsinger

    Intel CEO Pat Gelsinger, speaking at Munich’s IAA auto show, also said the company would announce the locations of two major new European chip fabrication plants by the end of the year.

  • Intel in talks to produce chips for automakers within six to nine months: CEO Pat Gelsinger

    Chief Executive Officer Pat Gelsinger said the company is talking to companies that design chips for automakers about manufacturing those chips inside Intel's factory network, with the goal of producing chips within six to nine months. Gelsinger earlier on Monday met with White House officials to discuss the semiconductor supply chain.

  • Intel replaces its chief executive Bob Swan after 2 years

    Bob Swan, who became the company's chief executive in early 2019, will be replaced in mid-February by industry veteran Pat Gelsinger.

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