➀ Intel CEO Pat Gelsinger has unexpectedly departed; ➁ The departure is effective December 1, 2024; ➂ Gelsinger's exit comes amidst Intel's challenges with CPU failures, AI market misses, and significant financial losses.
Recent #Technology Leadership news in the semiconductor industry
➀ Intel has announced that three members of its board of directors will not seek reelection, shifting the board's focus to a more high-tech industry-oriented one.
➁ The departing directors have backgrounds in healthcare and academia, and their departure is seen as a move towards deeper tech expertise.
➂ The new board composition includes a stronger emphasis on industry-specific knowledge, which may help Intel regain its competitive edge.
➀ Intel's reported move to discuss cooperation with Samsung in their foundry businesses suggests a lack of confidence in achieving process technology leadership next year; ➁ Both companies aimed to incorporate GAA transistors and backside power delivery into a 2nm process to challenge TSMC; ➂ Samsung failed to achieve commercially viable yields, delaying orders for new production machinery, while Intel has ordered all five of the high-NA EUV machines made this year.
1. Insuwave Systems CEO, Se-seong Ahn, has gifted 6.1% of his shares, amounting to 900,000 shares, to the company's CTO, Wook-rae Kim, in recognition of the latter's 22 years of service and contributions to the company's technological innovation. 2. The stock transfer is set to take place on the 14th of next month, with protective measures in place, including a one-year ban on selling the shares. 3. Wook-rae Kim has played a key role in the company's R&D and has been awarded patents in various countries, demonstrating his significant contribution to the company's technological advancements.