Intel chief executive officer retires

NAMPA / Xinhua
2024-12-02
NEW YORK, Dec. 2 (Xinhua) -- Intel on Monday announced the retirement of chief executive officer Pat Gelsinger from the company after a 40-plus-year career. Company shares climbed 4.6 percent in morning trading as investors reacted to the news. But the stock remains down more than 50 percent year-to-date, according to MarketWatch. During Gelsinger's tenure, the value of Intel's shares has fallen by more than half. Gelsinger is also stepping......
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