Intel CEO Pat Gelsinger is leaving the company after 40 years with the company and four years as CEO.
He promised that he would lead the company out of the crisis and provide a high-quality update of processors. However, all this time he only made things worse:
1. Intel missed boom II
2. The company mistakenly launched flagship processors, many of which failed or became unstable.
As a result, the total leadership in the PC market has now gone to AMD.
Why laptops can now work 24 hours without recharging, although recently they could not last 9 hours
The company’s shares dropped from $50 in early 2024 to $18.89 in mid-September. Following news of Gelsinger’s resignation, shares rose 3.66%.
Source: Iphones RU
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