Intel has confirmed the sudden departure of chief executive Pat Gelsinger, in a move intended to restore investor confidence in the ailing Silicon Valley giant following a year of turmoil.
In a statement, Gelsinger said:"Leading Intel has been the honor of my lifetime - this group of people is among the best and the brightest in the business, and I'm honored to call each and every one a colleague. Yeary thanked Gelsinger on behalf of the board for his many years of service and dedication to Intel, saying that he"helped launch and revitalize process manufacturing by investing in state-of-the-art semiconductor manufacturing, while working tirelessly to drive innovation throughout the company."
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