Former Intel CEO Pat Gelsinger took to social media to invite people to pray and fast for the chipmaker's employees, saying the company is going through a "difficult period."

Replying to an industry analyst, Pat Gelsinger explains to the world how to properly represent the quality of a manufacturing process.

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I used the five-whys analysis, created by the founder of Toyota, to better understand the recent Intel shakeup.

Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down from the struggling chipmaker, according to company filings.

Intel may have ousted CEO Pat Gelsinger, but he’s leaving the company with a significant payday. He’s set to receive 18 months of his base annual salary of $1.25 million, according to a filing with the Securities and Exchange Commission.

When Intel hired Gelsinger in 2021 to revive the chipmaker’s fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.

Gelsinger, 63, stepped down as CEO and left Intel’s board effective yesterday (Dec. 1), the chipmaker announced today in a press release. David Zinsner and Michelle Johnston Holthaus, two senior Intel executives,

Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.

Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger, who also stepped down from the company's board.