Tag: Pat Gelsinger

Intel’s ex-CEO Pat Gelsinger set to net more than $10M in severance pay

Intel’s newly departed CEO Pat Gelsinger could be walking away with more than $10 million in severance pay. As per a filing with the...

Exclusive: How Intel lost the Sony PlayStation business

Intel (INTC) lost out on a contract to design and fabricate Sony’s (SONY) PlayStation 6 chip in 2022, which dealt a significant blow...

Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet

-Intel said on Thursday it would cut more than 15% of its workforce and suspend its dividend starting in the fourth quarter as...