Intel Faces Uncertainty After CEO Pat Gelsinger's Abrupt Departure

The semiconductor giant's leadership change highlights unresolved challenges in its manufacturing strategy and financial performance.

Pat Gelsinger's sudden departure as Intel CEO has raised questions about the company's future direction and leadership stability.
Gelsinger's tenure focused on an ambitious transformation plan, including expanding Intel's foundry business and revitalizing its manufacturing capabilities.
Despite progress in some areas, Intel faced mounting financial losses, declining market share, and pressure from competitors like AMD and Nvidia.
Analysts suggest Intel may consider spinning off its foundry business, though regulatory and contractual hurdles could complicate this path.
The board is reportedly seeking an external CEO with deep technical expertise to navigate Intel's strategic challenges and restore investor confidence.