Shares of Intel (INTC) are up $1.40, or 6%, to $25.45 in pre-market trading after the company announced that CEO Pat Gelsinger retired from the company and has stepped down from the board of directors, effective yesterday, December 1. Intel has named David Zinsner and Michelle Johnston Holthaus as interim Co-Chief Executive Officers while the board of directors conducts a search for a new CEO, it noted.
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