CNN —
Intel Monday announced CEO Pat Gelsinger has resigned after a difficult stint at the company. The once-dominant chipmaker’s stock cratered as it missed the AI boom and was surpassed by most of its rivals.
Gelsinger took over as Intel’s chief executive in February 2021, returning to the company at which he worked for decades, including as chief technology officer. He had left Intel for a stint as CEO of software giant VMWare.
At Intel, Gelsinger was tasked with turning around the iconic American tech giant that was struggling against unprecedented competition, production
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