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Intel CEO Bob Swan to step down in February and VMware CEO Pat Gelsinger will replace him; Intel's stock is up 9%+

- Intel CEO Bob Swan is set to step down effective Feb. 15, the company announced.  — VMWare CEO Pat Gelsinger will take over the position.

CNBC Lauren Feiner

Discussion

  • @wronglebowsk Paul Spencer on x
    RIP @intel Look for them to shift focus to enterprise, increase licensing and software fees by 10x and become completely irrelevant to the average consumer. https://twitter.com/...
  • @danielnewmanuv Daniel Newman on x
    Massive Story Here: @Intel CEO Bob Swan set to step down with @VMware CEO @PGelsinger apparently being tapped to take the role. The market will likely be bullish on this news as $INTC has been under pressure & Gelsinger has had a great run at $VMW #Tech https://www.cnbc.com/...