Intel CEO Pat Gelsinger has retired after over four decades at the company and stepped down from the board of directors effective December 1st, 2024. He’d rejoined the company as CEO in February 2021, taking over from Bob Swan to turn around the already struggling chipmaker — an effort that hasn’t gone as planned. It’s largely missed out on the AI boom that fueled Nvidia’s rise, failed to launch new technology on schedule, and struggled with recent CPU instability issues.
During a 2022 interview with Decoder, Gelsinger said, “not only do we have to rebuild the internal culture and execution, but we also have to rebuild our customer’s confidence.” Recent rumors suggested that Qualcomm was considering an acquisition of Intel, but it looks…
