Intel CEO steps down as chipmaker falters, lays off staff

(The Hill) -- Intel CEO Pat Gelsinger has stepped down after a three-year stint leading the company, the chipmaker announced Monday. Two senior executives, David Zinsner and Michelle Johnston Holthaus, will take over as Intel’s interim co-CEOs amid the search for a new chief executive. Intel to cut workers in Austin amid cost-cutting move“Leading Intel has been the honor of my lifetime – this group of people is among the best and the brightest in the business, and I’