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Intel’s CEO, Pat Gelsinger, ‘retires’ — riiiiight
That’s the company’s story line for public consumption, at least. But if you buy that, you’re not paying attention.
Back in the 1990s, when Bill Clinton was president, people figured out they might just want to be on the internet, and Intel and Microsoft were the major technology powers. Now, in the wake of Gelsinger’s departure, Intel has appointed CFO David Zinsner and Chief Product Officer Michelle Johnston Holthaus as interim co-CEOs. But short of a government bailout, much bigger than the one Trump doesn’t want a thing to do with, I don’t see Intel surviving in the long run.
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