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You Searched For "Intel CEO Pat Gelsinger" and got 20 results


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'Painful news to share' says Intel CEO Pat Gelsinger as company prepares to lay off thousands of employees

Chipmaker Intel has revealed plans to reduce its workforce by 15 percent and the decision could imp…

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1 min read

Intel plunges 30%, most since 1982, after announcing layoffs and weak guidance

Intel's stock plunged Friday after the company announced plans to lay off 15,000 workers.

Kelly Cloonan   


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Intel shareholders accuse company of hiding problems about its in-house chips manufacturing business ahead of announced layoffs and poor earnings

Intel shareholders accused the company of hiding problems about its in-house foundry business in a …

Lloyd Lee   


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Intel set to lay off employees as it cuts billions of dollars in spending

Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion…

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Computex 2024: Intel Debuts Lunar Lake Chips With Focus On Microsoft’s AI Ambitions For PCs

Intel debuted Lunar Lake chips at the Computex show in Taiwan, revealing some major upgrades over l…

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5 mins read

Big Tech CEOs, billionaires, and business leaders react to Trump rally shooting

Business leaders from Tesla CEO Elon Musk to billionaire Mark Cuban are condemning the Saturday sho…

Lloyd Lee   


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Intel CEO discusses how he plans to bolster the chip industry by creating 'the largest silicon manufacturing location on the planet' in Ohio

Pat Gelsinger spoke with Time about his plans to move the semiconductor supply chain to the US with…

Emily Walsh   


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CEO bonus for the top 10 tech giants soared 400% amid pandemic

Tan Hock Eng from Broadcom was the highest gainer by a whopping 1,586 per cent, from $3.6 million t…

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Intel is replacing CEO Bob Swan with VMware CEO Pat Gelsinger

Intel's CEO replacement will go into effect on February 15 and comes after the chip giant saw a rou…

Katie Canales   


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VMware stock drops over 7% after news that CEO Pat Gelsinger will head to Intel

VMware saw its shares slip over 7% on Wednesday amid news CEO Pat Gelsinger is headed to Intel. CFO…

Will Daniel   


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Intel stock surges 7% on news CEO Bob Swan to be replaced by VMware's Pat Gelsinger

Intel stock jumped 7% on news Pat Gelsinger would join as CEO. This comes after an activist hedge f…

Will Daniel   


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Intel chief warns chip shortage could continue for up to two years

The strong demand environment continues to stress the supply chain across the world. "While I…

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1 min read

Intel stock could sink 15% as multi-billion dollar production plan is 'the right thing' but will weigh on earnings for the next 3 years, says Wedbush

Wedbush said Intel CEO Pat Gelsinger's plan to reinvest in production is "ideal" but will likely we…

Emily Graffeo   


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4 mins read

Back to the '90s with Microsoft and Intel

In this week's edition of the Insider Tech newsletter, we look at new developments at Microsoft and…

Alexei Oreskovic   


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Taiwan Semiconductor slips as Intel announces plans to spend $20 billion on new chip factories

Intel announced plans to enter the foundry business with two new chip plants worth $20 billion in t…

Will Daniel   


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Intel, Salesforce and Cisco are giving cash payments to workers in Israel amid the war with Hamas, report says

Intel plans to give $5,000 to its 12,000 workers in Israel this month as a "sign of appreciation" a…

Jyoti Mann   


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Intel's CEO will take a 25% pay cut, as the company attempts to compete with global chip manufacturers and prevent further layoffs

Intel CEO will Pat Gelsinger will take a salary reduction alongside other higher-ups, as the tech g…

Aidan Pollard   


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Intel CEO says global chip shortage will not end before 2023

Intel CEO Pat Gelsinger told CNBC late on Thursday that he didn't expect the semiconductor short…

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Meet the 10 top executives who are helping VMware CEO Pat Gelsinger transform the tech giant into a cloud powerhouse

In a recent interview with Business Insider, Gelsinger said VMware wants to become the flexible pla…

Benjamin Pimentel   


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4 mins read

CEOs like Google's Sundar Pichai and Microsoft's Satya Nadella are among the most overpaid CEOs, according to a new report

Nine companies have been repeat offenders on As You Sow's report detailing the 100 most overpaid CE…

Brittany Chang