Express News | Intel Corp - Gelsinger to Receive Severance Payment of Sum of 18 Months of Base Salary of $1.3 Mln, 1.5 Times Target Bonus of 275% Base Salary
Intel Ousts CEO Gelsinger With Stock Down 61% During His Tenure
A major upheaval at intel's top management, is four years of investment destroyed in an instant?
The intel global strategy will shift from an all-in approach on "advanced processes" to "product priority," and the uncertainty regarding the successful mass production of the "lifeline" 18A process (1.8nm) is increasing. Citi believes that if the new CEO cannot perform well, intel may further fall behind taiwan semiconductor/AMD.
Racing Track Hyper | Where will intel go after Kissinger's retirement?
IDM 2.0 is in an unstable position, but the product competitiveness is promising.
Due to dissatisfaction from the board of directors over slow progress, the intel CEO was forced to resign.
Pat Gelsinger, CEO of intel, was forced to resign as the board of directors lost confidence in his ability to reverse the fortunes of the iconic chipmaker, exacerbating the turmoil for this industry pioneer.
Intel (INTC.US) CEO steps down, restructuring and trade opportunities reopen.
The sudden departure of intel CEO Pat Gelsinger provides a new opportunity for the struggling company to consider potential trade options, including some proposals that Pat Gelsinger rejected during his tenure leading the chip manufacturer.
