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Intel delivers long-awaited CEO change
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 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 more uncertain,” one analyst said.
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.
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 ...
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%, ...
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.
31m
on MSN
Why Taiwan Semiconductor Stock Was Moving Higher Today
Shares of Taiwan Semiconductor (NYSE: TSM) were moving higher today even though there was no company-specific news out on the ...
5h
Stock Market Today: Dow Jones Dips Amid Trump Tariff Threat; Intel, Stellantis CEOs Exit (Live Coverage)
The Dow Jones dipped after Donald Trump made a new tariff threat. Intel stock rose after its CEO exited. Tesla popped on a ...
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 ...
5h
Intel Corporation (INTC) Secures $7.8 Billion CHIPS Act Grant to Boost Chip Production in Ohio
We recently compiled a list of the 10 AI News Updates You Should Not Miss. In this article, we are going to take a look at ...
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