PAT GELSINGER

Intel Delays Completion of $28 Billion Chip Plants to 2030 Amid Losses

March 1, 2025March 1, 2025 - by Victor Santos - Leave a Comment

Intel has delayed the production start of its new Ohio fabrication plants from 2025 to 2030 amidst significant losses of $18.8 billion in 2024. This cautious approach aims to align …

Business / Technology

Intel CEO Pat Gelsinger Retires Amid Market Challenges and Leadership Transition

December 2, 2024December 2, 2024 - by Victor Santos - Leave a Comment

Intel CEO Pat Gelsinger has retired effective December 1, 2024, amid struggles to compete with TSMC and Samsung in the semiconductor market. CFO David Zinsner and CEO of Intel Products …