• Pat Gelsinger's departure comes as Intel struggles to recover from a steep financial decline, with the board ultimately losing faith in his turnaround strategy after only a few years.
• Gelsinger's exit reflects a broader trend in the semiconductor industry, highlighting challenges faced by once-dominant companies as they try to adapt to rapid market changes and stiff competition from leaders like TSMC and Nvidia.
• The appointment of David Zinsner and Michelle Johnston Holthaus as interim co-CEOs indicates that the board is seeking immediate stability while exploring a long-term strategic repositioning for Intel.

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