Gelsinger, 63, was once hailed as Intel's savior, determined to restore the company's number one position in the semiconductor industry. He has led Intel since 2021 and promised to make Intel great again and take market share from TSMC.
After months of Intel consistently falling behind its competitors, Gelsinger decided to resign. His position will now be temporarily filled by David Zinsner and Michelle Johnston Holthaus, the company's chief financial officers, until a replacement is found.
Following the announcement, Intel's stock rose more than 3% in early trading this week. However, this is insignificant compared to the company's more than 50% drop this year.
Previously, to overcome the crisis, Intel had cut more than 15% of its workforce.
Gelsinger's departure could lead to significant strategic shifts in Intel's executive leadership, potentially opening up new opportunities for the company in the future.
Source: https://kinhtedothi.vn/giam-director-dieu-hanh-intel-tu-chuc.html
![[Photo] Prime Minister Pham Minh Chinh visits and extends New Year greetings to former Party and State leaders and offers incense to the esteemed predecessors.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2026/02/14/1771078465521_dsc-2411-jpg.webp)
Comment (0)