Intel's CEO, Pat Gelsinger, has retired suddenly, causing concern among investors about the company's future. Gelsinger had ambitious plans to restructure and improve production technology, but the company has been struggling to meet its goals.

This unexpected change in leadership puts Intel in a difficult position as it faces challenges in the semiconductor industry. The announcement comes at a time of uncertainty for the incoming Trump administration, adding further complexity for the tech giant.

Investors are now left to speculate on Intel's future leadership and strategic direction in the face of ongoing industry pressures.