Catenaa, Tuesday, December 03, 2024-Pat Gelsinger, Intel’s CEO since 2021, has stepped down following a challenging tenure marked by production delays, declining stock performance, and missed opportunities in artificial intelligence (AI) technologies. Gelsinger, once seen as the company’s turnaround hope, resigned effective December 1, leaving the company to interim co-CEOs David Zinsner and Michelle Johnston […]

SANTA CLARA, Calif. Tuesday, April 09, 2024 – Intel Corporation’s chipmaking business, the Client Computing Group (CCG),  reported a significant operating loss of $7 billion in 2023, according to a Reuters report on April 9, 2024. This figure marks a substantial increase from the $5.2 billion loss recorded in 2022. The current predicament of the […]