Intel now faces a fight for its future

Intel is facing a turning point in its nearly 50-year history. Intel CEO Brian Krzanich resigned yesterday, following an ongoing investigation into a past consensual relationship with an Intel employee that violated the company's non-fraternization policy. It's a surprise end for Krzanich, who first joined Intel more than 35 years ago and spent most of his time at the company on the operations side. Krzanich was appointed Intel CEO five years ago, and was left with the messy task of fleshing out Intel's mobile strategy and driving the company forward in new markets. Known for PCs and servers, Intel's business has been disrupted by smartphones and the cloud, and the company was caught seemingly unaware by the rise of AI and autonomous vehicles.