Intel confirmed it will share more news of what everyone expects is its long-rumored Battlemage GPU to finally compete against Nvidia and AMD.

Intel's Arc B-series GPUs, codenamed Battlemage, have finally been unveiled by Intel. There are two cards belonging to this range at the moment, the B580 and B570, which Intel says are designed to provide a cost-effective option for gamers seeking high-performance 1440p gaming.

Intel has said that the new Arc B-series GPUs can deliver up to 70 percent better performance per Xe-core and up to 50 percent improved performance per watt compared to the previous generation

Intel's stock price has seen better days, but Pat Gelsinger has also led the company through numerous scandals with its latest processors.

It’s been a quiet few news days as everyone seemingly parses deals from Black Friday through to Cyber Monday. But there’s always time for a shock announcement: Pat Gelsinger is retiring after over 40 years at the company and close to four years at the chip manufacturer’s helm.

Key Takeaways Intel shares finished lower following the announcement that CEO Pat Gelsinger has retired, effective yesterday.The chipmaker announced a pair of interim co-CEOs as its search for a permanent replacement is underway.