Ex-Intel CEO Pat Gelsinger praises DeepSeek, and says the Chinese company has made AI more affordable; his startup chooses it over OpenAIThe ex-Intel CEO Pat Gelsinger has recently become an extremely enthusiastic supporter for DeepSeek R1. Recent developments indicated that ...
31 Jan, 2025, 07.20 PM IST
Ex-Intel CEO Pat Gelsinger shares 3 reasons why DeepSeek is a big learning lesson for usDeepSeek’s new open-source AI model, R1, has gained significant attention, briefly surpassing ChatGPT in popularity. Former Intel CEO Pat G...
29 Jan, 2025, 02.54 PM IST
Intel should have focused on AI rather than chipmaking, TSMC founder saysTSMC founder Morris Chang suggested Intel's former CEO, Pat Gelsinger, prioritized becoming a contract chipmaker over focusing on AI. Gelsi...
09 Dec, 2024, 04.59 PM IST
Intel approaches candidates for CEO role, including former board member Lip-Bu Tan, sources sayThe deliberations on the CEO succession are at an early stage, the sources said, cautioning that Intel has not yet zeroed in on any candida...
04 Dec, 2024, 10.16 AM IST
Intel CEO Gelsinger's removal raises doubts over turnaround planInvestors cheered the leadership change having had a slump of over 50% in shares this year. Intel's shares rose to a high of 6% following t...
03 Dec, 2024, 05.59 PM IST
Intel CEO Pat Gelsinger retires from struggling chipmakerPost retirement of CEO Pat Gelsinger, CFO David Zinsner and senior executive Michelle Johnston Holthaus hold office as interim co-chief exe...
03 Dec, 2024, 08.50 AM IST
Intel CEO Pat Gelsinger forced out after board lost confidence in turnaround planIntel CEO Pat Gelsinger resigns under pressure as his turnaround plan fails to meet expectations. With a 60% stock value drop and increasin...
03 Dec, 2024, 07.32 AM IST
A year on, Intel's touted AI-chip deals have fallen shortIntel has canceled its $500 million sales forecast for Gaudi AI chips in 2024 due to slower adoption and technical issues. CEO Pat Gelsinge...
01 Nov, 2024, 03.54 PM IST
Intel CEO Pat Gelsinger to pitch board on plans to shed assets, cut costsIntel's CEO Pat Gelsinger is set to present a plan to the board to cut costs and revamp capital spending. This includes selling businesses ...
02 Sep, 2024, 07.31 PM IST
Intel CEO Pat Gelsinger says 15,000 job cut is painful but necessary for 'a new era of growth'. Read full letter hereIntel Layoffs: Intel revealed plans to reduce its workforce by 15%, translating to approximately 15,000 roles, to manage costs better. CEO ...
02 Aug, 2024, 12.01 PM IST
Intel chief Pat Gelsinger ready to go it alone on chip manufacturingGelsinger has moved Intel's manufacturing unit into what is now called Intel Foundry Services (IFS) that operates as a business within Inte...
15 Dec, 2023, 08.08 AM IST
Semiconductor supply chains in Asia significant for Intel: CEO Pat GelsingerIntel CEO Pat Gelsinger said the company would invest more than $100 billion over the next five years to augment its semiconductor capaciti...
20 Sep, 2023, 01.59 PM IST
Intel CEO Pat Gelsinger says chip shortage risks expansionGelsinger 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 ...
23 May, 2022, 04.06 PM IST
Intel CEO earned 1,711 times more than average company worker in 2021Gelsinger earned $178.6 million in 2021 with stock awards making up nearly 79% of his total compensation, which was about 698% higher than ...
31 Mar, 2022, 12.46 PM IST
Intel seeks $10 billion in subsidies for European chip plantPat Gelsinger, on his first European tour since taking charge, met European Commissioner Thierry Breton in Brussels on Friday.
01 May, 2021, 10.05 AM IST
Intel ropes in VMware's Pat Gelsinger as CEO, to replace Bob SwanIntel was the world leader in chip-making technology for decades but has lost its manufacturing edge in recent years to Taiwanese and Korea...
14 Jan, 2021, 11.12 AM IST
- Intel may announce management overhaul today: Reports
Intel is expected to announce a management shake-up on Monday that will see its core chip business-head Patrick Gelsinger leave the company...
14 Sep, 2009, 12.24 PM IST