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Intel CEO is out
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 is out as the company's stock sinks
The CEO of Intel is leaving the company as it struggles to reinvent itself. Why it matters: Investors fear Intel is falling behind in the AI chip wars against booming AI titans like Nvidia. Driving the news: Intel CEO Pat Gelsinger abruptly retired as of Sunday after 40 years with the company,
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 ...
7h
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 ...
56m
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 ...
6h
Intel CEO resigns after a disastrous tenure
Intel Monday announced CEO Pat Gelsinger has resigned after a difficult three-year stint at the company. The once-dominant ...
9h
on MSN
Intel's CEO steps down as the chipmaker tries to restore investor confidence
Intel's share price has almost halved this year, but jumped 6% in premarket trading on news of Pat Gelsinger's retirement.
10h
Intel: May Be A Value Trap, Uncertain Growth Prospects
Read about INTC's struggles in the semiconductor market, potential value trap warning, and challenges ahead in AI and foundry ...
6h
Intel shares rise as Pat Gelsinger unexpectedly exits CEO role
After a largely disappointing year for Intel, the company’s stock has seen a modest jump this morning in the wake of an ...
TweakTown
23h
Intel is not allowed to sell its Foundry business even if it wants to
Intel's the CHIPS Act deal with the U.S. government includes a clause or condition that requires the company to maintain ...
5h
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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