Pat Gelsinger Departs Intel with Millions in Severance
Intel CEO Pat Gelsinger is stepping down after three decades with the company, including four years as CEO. The chipmaker has struggled against rivals like Nvidia and Taiwan Semiconductor Manufacturing Co., and Gelsinger’s departure comes as part of a four-year turnaround plan. Gelsinger will receive over $7 million in severance and other compensation, including 18 … Read more