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Intel ousts CEO Gelsinger
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 Stock Finishes Lower After Company Says CEO Has Retired
News that chip giant Intel will get a new CEO set the embattled chip maker's shares in motion Monday, with the stock finishing marginally lower as the company sought to reassure investors that things might improve after a punishing year.
1h
on MSN
Intel’s outgoing CEO is living every executive’s nightmare: A post-departure stock bump and no succession plan
Intel’s board of directors announced Gelsinger’s retirement as chief executive, effective yesterday, today. The company ...
1h
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 ...
2h
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 ...
1h
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 ...
MarketWatch
1h
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 ...
12m
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’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 ...
3h
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%, ...
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