Overview

• 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.