Intel’s CEO is out after only three years
Intel's CEO Pat Gelsinger retires after 3 years.
Gelsinger rejoined Intel in 2021 to turn the company around, but faced challenges.
Intel's chipmaking business faced $7 billion in losses and the company laid off over 15,000 workers.
Intel's CFO and Products CEO will serve as co-CEOs while the board searches for a new leader.