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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 Needs More Than a New CEO. Why It’s Best to Avoid the Stock.
Until a new management team shows it can balance Intel’s short- and long-term priorities, investors should avoid the stock.
Bloomberg Businessweek: Intel CEO Forced Out
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Intel's stock ends lower despite initial upbeat reaction to CEO exit
Intel's stock closed fractionally lower on Monday, despite rising as much as 5.9% earlier in the session on news that Pat Gelsinger is out as CEO. The stock's reversal perhaps signals an investor understanding that Intel's problems are deeper than its leadership.
Intel CEO Pat Gelsinger retires
Intel (INTC) announced that CEO Pat Gelsinger retired from the company after a 40-plus-year career and has stepped down from the board of
11m
on MSN
Intel’s CEO had big plans for a turnaround. It failed, and now he’s gone
Intel’s shares rose 5% Monday after the company announced the 63-year-old Gelsinger, who began his career at the chipmaker in ...
11h
Intel CEO Pat Gelsinger steps down after terrible, no-good, very bad year
Intel CFO David Zinsner and Client Computing Group head Michelle Johnston Holthaus will be sharing the title of interim CEO ...
1h
Pat Gelsinger Suddenly Retires After Three Rough Years as Intel CEO
Intel's stock price has seen better days, but Pat Gelsinger has also led the company through numerous scandals with its ...
22m
on MSN
Intel's path forward 'is to break the company into two', says Susquehanna's Chris Rolland
Chris Rolland, Susquehanna, joins 'Fast Money' to talk Intel's future and CEO Gelsinger's departure. 11 Facts About ...
2h
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.
Hoodline
2h
Intel CEO Pat Gelsinger Retires Amid Market Challenges, Shares Surge on Leadership Change
Intel's CEO Pat Gelsinger retires amid the company's struggles, with its future uncertain and stock rising post-announcement.
23m
Intel CEO Pat Gelsinger resigns without a permanent successor
In a blow to Intel's turnaround plans, CEO Pat Gelsinger has resigned from the big chip maker without a permanent successor ...
1h
Pat Gelsinger Exits As Intel CEO, Paranoia Key To Reviving Leadership
Explore the challenges, his ambitious vision, and what lies ahead for the tech giant as it seeks to reclaim its edge.
The Economist
1h
Intel’s troubles deepen, as its boss makes an abrupt exit
W hen Pat GELSINGER took over as Intel’s chief executive in 2021 he seemed to possess the same impatient mindset as his ...
Business Wire
3h
Intel Announces Retirement of CEO Pat Gelsinger
Intel Corp. announced that CEO Pat Gelsinger has retired from the company and stepped down from the board of directors, ...
2d
Intel Corporation (INTC): Federal Deal Mandates $35B R&D Investment and 12 New Fabs by 2028
We recently compiled a list of the 15 AI News and Ratings Trending on Financial Media. In this article, we are going to take ...
3h
Intel’s Battlemage May Help Make GPUs Affordable Again
Intel confirmed it will share more news of what everyone expects is its long-rumored Battlemage GPU to finally compete ...
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