Intel’s interim co-chiefs promised to invest heavily in the company’s chip designs and pursue new customers for its contract chip-making business after the architect of the company’s turnaround bid [was abruptly ousted early this month.

We know that we have much more work to do at the company and are committed to restoring investor confidence," Frank Yeary, Intel's board chair, said in a written statement.

Former Intel CEO Pat Gelsinger fasts every Thursday. This week, he dedicated his fasting to the Intel employees who now face turbulent times due to the CEO's exit.