Read more at source.
Read more at source.
Intel has been struggling for years, missing the smartphone revolution and suffering from quality control issues. Losing customers like Apple to alternative processors, Intel is now at risk of missing out on AI. The company's decline is not just a business concern, but a national security issue for the US, as Intel is one of the last companies to both design and manufacture its own chips.
Gelsinger, a veteran at Intel, had a plan to turn the company around. His sudden departure has left many wondering about the future of his strategy and the company itself. Despite recent layoffs, many still believed Gelsinger was the right person for the job, due to his engineering background and commitment to fixing long-standing technology problems at Intel.
The abrupt departure of Gelsinger and the lack of a planned successor has left Intel in a precarious position. The company's future now hangs in the balance as it grapples with the loss of its leader and the ongoing challenges in the tech industry.
Intel isn't just the world's former leading maker of computer chips; it's one of the last companies to both design and manufacture them itself. Its future is now uncertain after the sudden departure of CEO Pat Gelsinger.
