Intel CEO resigns

Mr. Gelsinger, 63, was once hailed as Intel’s savior, determined to restore the company’s position as the number one semiconductor industry player. He took the helm in 2021 and promised to make Intel great again and take market share from TSMC.

Intel CEO Patrick Gelsinger resigns

After months of Intel falling behind its competitors, Gelsinger has decided to resign. His position will now be replaced by David Zinsner and Michelle Johnston Holthaus, the company's chief financial officers, until a new position is found.

Intel shares rose more than 3% in Monday trading after the news was announced, but that’s a drop from the company’s more than 50% decline this year.

Previously, to overcome the crisis, Intel cut more than 15% of its workforce.

Mr. Gelsinger's departure could lead to drastic strategic changes in Intel's executive brain, and could open up new opportunities for the company in the future.

Source: https://kinhtedothi.vn/giam-doc-dieu-hanh-intel-tu-chuc.html