Intel shares rise as Pat Gelsinger unexpectedly exits CEO role
Briefly

Intel's boards have opted for an immediate transition in leadership, appointing David Zinsner and Michelle Johnston Holthaus as interim co-CEOs while they search for a new CEO.
Amidst financial struggles and a significant workforce reduction, Gelsinger's departure reflects the ongoing challenges Intel faces, particularly in competition with giants like Nvidia.
Gelsinger's tenure ended after Intel failed to pivot towards AI technology, a crucial move that has allowed competitors like Nvidia to dominate the market.
Read at Fast Company
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