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Pat Gelsinger’s abrupt exit from Intel raises more questions than it answers, especially given the timing right after securing CHIPS Act funding. It feels like a classic case of boardroom drama, where the lack of a smooth transition hints at deeper issues–perhaps a clash of visions or a failure to deliver on ambitious projects. The interim co-CEO setup suggests a scramble rather than a strategic pivot, which is never a good sign in a company that’s already struggling to regain its footing in a competitive landscape.
As Intel searches for a new leader, one can’t help but wonder if they’ll find someone who can juggle the complexities of both product innovation and the foundry business. It’s a tall order, and given the current state of affairs, the next CEO will need more than just a solid resume–they’ll need a miracle worker’s touch to steer this ship back on course.