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PAT GELSINGER RETIRES
Intel CEO dismisses concerns about new hire bringing TSMC’s techIntel chief executive officer Lip-Bu Tan dismissed reports about a new hire taking trade secrets from Taiwan Semiconductor Manufacturing Co...- Three Intel senior executives to retire amid manufacturing shake upIntel told staff on Tuesday that corporate vice presidents in the technology development group, Kaizad Mistry and Ryan Russell, would retir...
- Intel plans July layoffs of 10,000+ staff: How AI boom is impacting it and who’s safe, who’s notIntel plans significant job cuts in its foundry division starting July. This move could affect over 10,000 employees globally. The layoffs ...
- US stocks tick lower after Trump's new tariff salvo; spotlight on inflation dataUS stock markets fell Thursday, with the S&P 500 down 0.8% and the Nasdaq composite 1.5% lower. This decline follows President Trump's thre...
- 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...
- 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...
- 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...
- S&P 500, Nasdaq climb on tech boost; focus remains on dataThe S&P 500 and Nasdaq saw gains on Monday, driven by technology stocks. Key economic data releases this week include the November nonfarm ...
- Intel to lay off 15,000 employees as chipmaker tries to revive its businessIntel revealed plans to cut around 15,000 jobs, which amounts to 15% of its workforce, as a strategic move to save $10 billion by 2025. The...
- 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 ...
- Intel names former Micron VP as global chief operations headAt Intel, where he will join on August 12, the Indian-born executive will also serve as the executive vice president and general manager of...
- Apple's Tim Cook is nearing retirement age, but who will succeed him?Speculation mounts over Tim Cook's successor as Apple CEO amid nearing retirement age. Candidates include COO Jeff Williams and hardware ch...
- Indian-origin Intel GPU chief Raja Koduri quits to start generative AI startupIndian-American Raja Koduri, head of Intel's Accelerated Computing Systems and Graphics Group, has quit the chip-making major to form his o...
- Intel's Mobileye files for listing in first sign of thawing tech IPO marketMobileye, which confidentially filed for its IPO earlier this year, reported first-half revenue of $854 million, a 21% jump from the year-a...
- Text of President Joe Biden's State of the Union addressMadam Speaker, Madam Vice President, our First Lady and Second Gentleman. Members of Congress and the Cabinet. Justices of the Supreme Cour...
- Not all IT services providers will survive cloud wave: Pat Gelsinger, CEO of VMware"Profit margins will be lousy, until you get to the other side. The transition will be painful. If they don’t evolve and transition," Pat G...
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