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Intel CEO Gelsinger Retires
Intel Stock May Fall. ‘If HE Couldn’t Fix It, Can Anyone?’ Asks Expert
After a 52% stock plunge in 2024, a 6% revenue drop paired with a whopping $16.6 billion loss in the latest quarter, Intel’s board ousted CEO Pat Gelsinger
Intel ousts CEO Gelsinger with stock down 61% during his tenure
Intel Corp. is making a change at the top with Chief Executive Pat Gelsinger out after less than four years. The company announced Monday morning that Gelsinger has retired from Intel and stepped down from its board of directors,
Intel CEO Pat Gelsinger is out, stock up 5%
Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1. Intel CFO David Zinsner and Intel products CEO MJ Holthaus were named interim co-CEOs. Frank Yeary will serve as Intel's interim executive chair.
30m
Intel delivers long-awaited CEO change, but that doesn’t make its stock a buy
The situation here seems likely to keep getting worse before it gets better, and the ultimate fate of the company seems even ...
10m
on MSN
An Intel Break-Up Could Follow Its CEO Shake-Up, Bank of America Says
Bank of America analysts wrote Monday that Intel's internal manufacturing business and the foundry business that makes chips ...
1h
Why Intel Stock Was Climbing Today
Shares of Intel (NASDAQ: INTC) were moving higher today after the chip giant surprised investors this morning by saying that ...
MarketWatch
8m
Intel Corp. stock underperforms Monday when compared to competitors
Shares of
Intel
Corp. INTC slipped 0.50% to $23.93 Monday, on what proved to be an all-around mixed trading session for the ...
1h
Intel’s Chief Executive Is Out Amid Chipmaker’s Struggles
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.
5h
Intel’s new CEO faces tough AI market challenges
Intel says CEO Pat Gelsinger have retired, effective December 1st. Intel stock tanked an alarming 65% under Gelsinger as its ...
2h
Stock Market Today: Dow slips; Nasdaq on track for record as Intel, Tesla rally
The SPDR S&P 500 Semiconductor ETF was up 0.9% as tech-related shares led equities higher on Monday. The S&P 500 was up 0.2%, ...
3h
on MSN
Intel Corporation (INTC) Stock Rallies Amid Reports of Potential US Export Restrictions on Chinese Semiconductor Firms
We recently compiled a list of the 14 AI News That Broke The Internet This Week. In this article, we are going to take a look ...
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