Intel


2024-12-06

[News] Intel Struggles Persist as 18A Process Rumored to Report Low 10% Yield, Hindering Mass Production

Amid Intel’s struggles on finding a successor after former CEO Pat Gelsinger’s retirement a few days ago, Team Blue seems to have a much more serious problem regarding its 18A process, once touted as the lifesaver of its foundry unit. According to South Korean media outlet Chosun Daily, Intel...

2024-12-06

[News] Intel Names Former ASML and Microchip CEOs to Board Amid Ongoing CEO Search

Amid the search for a new CEO following Pat Gelsinger’s retirement, Intel announced on December 5 the appointment of Eric Meurice, former president, CEO, and chairman of Dutch chipmaking equipment giant ASML, and Steve Sanghi, chairman and interim CEO of Microchip, to its board of directors. Re...

2024-12-04

[News] Intel Reportedly Eyes External Candidates for CEO, Including Marvell’s Chief and ex-Cadence CEO

Who would be taking the challenge of turning the tables for Intel after Pat Gelsinger’s retirement? According to the latest Bloomberg report, the struggling giant is prioritizing external candidates in its search for a new CEO. The potential contenders, to name a few, are said to include Marvel...

2024-12-04

[News] CEO Resignations Reportedly Hit Record High: Over 1,800 This Year

According to a report from Yahoo Finance, from aviation giant Boeing to automotive powerhouse Stellantis and struggling chipmaker Intel, a wave of CEO departures has swept across global corporations. This year, over 1,800 CEOs worldwide have stepped down, setting a new record. The report by Yahoo...

2024-12-03

[News] Intel CEO Gelsinger Steps Down Amid Board’s Frustration Over Slow Recovery Efforts

Intel announced that CEO Pat Gelsinger retired from the company on December 2, sending shockwaves through the semiconductor industry. According to a Bloomberg report citing sources, Gelsinger was reportedly forced into retirement last week after the board of directors lost confidence in his plans...

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