Inside Intel's CEO Succession Drama: Who Will Lead the Chipmaking Giant?

Intel is evaluating outsiders, including former board member Lip-Bu Tan, for the CEO position after Pat Gelsinger's exit. The board's decision comes amid financial struggles and investor pressure. Interim co-CEOs David Zinsner and Michelle Johnston Holthaus are leading until a successor is chosen.

Intel is actively seeking a new CEO following the departure of Pat Gelsinger. Sources indicate that the company is considering external candidates, including respected semiconductor veteran Lip-Bu Tan.

Intel's board is scrutinizing potential leaders due to financial challenges, with interim co-CEOs appointed to steer the company during this critical period.

The decision marks a significant moment for Intel, which faces mounting investor pressure after a sharp decline in share price and financial metrics.

(With inputs from agencies.)