Intel CEO Pat Gelsinger Ousted By Board After Performance

Declining Market Share and Financial Performance

Execution Challenges and Leadership Issues

Board Decision and Succession Plan

Industry Reaction and Outlook

Key Takeaways

• Pat Gelsinger has been ousted as CEO of Intel after disappointing financial performance and execution challenges.
• The future of Intel is uncertain, but the board's decision to oust Gelsinger is a sign that they are determined to make the necessary changes to restore the company to its former glory.