Intel’s troubles deepen, as its boss makes an abrupt exit

When Pat GELSINGER took over as Intel’s chief executive in 2021 he seemed to possess the same impatient mindset as his mentor, Andy Grove, a former boss of the chipmaker famed for declaring that “Only the paranoid survive.” Barely a month into the job Mr Gelsinger unveiled a plan to restructure the business and advance through five generations of production technology within four years. Nearly four years on, however, it is Intel’s…