Gelsinger's departure marks a significant upheaval at Intel, where challenges include declining market share, a steep stock drop, and major restructuring costs, necessitating swift leadership change.
In his farewell statement, Gelsinger reflected on his tenure, acknowledging the challenges faced by Intel and expressing gratitude to his colleagues for their efforts during a tumultuous period.
Board member Frank Yeary emphasized the need for ongoing efforts at Intel, noting the commitment to restoring investor confidence and the aim for a 'leaner, simpler, more agile Intel'.
Collection
[
|
...
]