How Intel CEO Pat Gelsinger could not get 56-year old chipmaker’s comeback plan right – Times of India
Intel CEO Pat Gelsinger‘s ambitious three-year effort to restore the 56-year-old American chipmaker to its former glory has faltered amid strategic blunders, manufacturing setbacks, and deepening financial losses, forcing the company to lay off 15,000 employees and fundamentally restructure its operations.Under Gelsinger’s watch, Intel’s revenue has plummeted to $54 billion in 2023, nearly one-third below…