His departure, announced on December 1, 2024, coincides with a difficult period for Intel, described as one of the most challenging in its history.
David Zinsner, the Chief Financial Officer, and Michelle Holthaus, the new Executive Director of the company’s product division, have been appointed as interim leaders of Intel. During this time, the board of directors will search for a permanent successor.
Under Gelsinger’s leadership, Intel aimed to regain its leadership in semiconductor manufacturing, modernized processes, and invested in innovation.
However, the company continues to face strong competition from AMD and TSMC, as well as pressure in the AI market.
