Intel CEO Pat Gelsinger’s Exit Sparks Uncertainty Around Turnaround Strategy
Intel CEO Pat Gelsinger’s ouster has abruptly halted his role in steering the struggling chipmaker’s turnaround, leaving Wall Street

Intel CEO Pat Gelsinger’s ouster has abruptly halted his role in steering the struggling chipmaker’s turnaround, leaving Wall Street
Intel CEO Pat Gelsinger’s ouster has abruptly halted his role in steering the struggling chipmaker’s turnaround, leaving Wall Street questioning whether his bold revival strategy may now face cancellation.
Investors initially reacted positively to the leadership shake-up, with Intel shares climbing as much as 6% after the announcement, only to close down 0.5% on Monday.
The company’s stock has dropped over 50% this year, failing to benefit from the AI-driven rally that boosted chipmaking rivals. In 2024, Nvidia became the second most valuable corporation, but for the first time in thirty years, Intel’s market value fell below $100 billion, or around Rs. 8,46,800 crore.
Under Gelsinger’s leadership, Intel struggled as its focus on the loss-making contract manufacturing division drained cash flow. Despite significant investments, it lagged behind competitors in the AI boom and fell short of Taiwan’s TSMC in chip production capabilities.
Intel also missed critical opportunities, including an investment in AI leader OpenAI, and Gelsinger’s remarks on Taiwan strained ties with TSMC, costing Intel a discounted manufacturing deal.
Wall Street’s reduced earnings expectations for Intel have further burdened its stock, leading to an inflated forward price-to-earnings ratio, a key metric in stock valuation.”
Struggling to sell one multi-million dollar home currently on the market
Struggling to sell one multi-million dollar home currently on the market
Struggling to sell one multi-million dollar home currently on the market