On Monday, Intel Corporation (INTC) announced CEO Pat Gelsinger's retirement this past Sunday; Gelsinger will also be stepping down from the company's board of directors.

Yahoo Finance executive editor Brian Sozzi joins Seana Smith and Brad Smith on The Morning Brief to react to this news, highlighting Gelsinger's leadership at Intel since first joining in 2021 and Intel's own struggles a laggard in the chip sector.

Watch Yahoo Finance's full interview with Intel CEO Pat Gelsinger from October.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.