Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.
Intel is likely to see its bread-and-butter CPU sales pick up with a more compelling portfolio of products and recovery in demand.
When legendary former Intel CEO Andy Grove wrote his bestseller “Only the Paranoid Survive” in 1996 about how to predict tech inflection points that might undermine a business, the notion that his ...
Intel faces challenges but could see positive changes with new leadership. Learn why INTC stock might deliver strong returns ...
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 ...
Intel's the CHIPS Act deal with the U.S. government includes a clause or condition that requires the company to maintain ...
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