PAT GELSINGER WILL REPLACE BOB SWAN AS THE CEO: INTEL

Highlights

• The chip manufacturer said this announcement doesn’t has anything to do with its financial performance in 2020

• Initially the former Chief Financial Officer (CFO) of eBay had served as the chipmaker’s finance chief and then its interim CEO

• Following this announcement, the shares of Intel surged 10 percent in the early trading on Wednesday

According to the announ....