His sudden exit leaves another top job vacant at Intel as the chipmaker continues a prolonged search for a new CEO.

Nokia said on Monday that Justin Hotard, the leader of Intel's data center and AI segment, will replace outgoing CEO Pekka Lundmark on April 1.

Over the last two years, Intel has cut 23,00 jobs, which corresponds to around 17 percent of the workforce, reducing the company's total number of employees to around 108,900. The size of the ...

As per the report, this adds to the lump sum of 1,000 jobs cut at the site since January 2023. Since the end of 2022, Intel’s global workforce has shrunk by 23,000 employees, including ...