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Why Intel Stock May Fall After Its CEO's Removal
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 Names New Directors in Wake of CEO Exit
Intel named two chip industry veterans to its board just days after the abrupt exit of CEO Pat Gelsinger. The new board members are Eric Meurice, the former chairman and CEO of ASML Holding, and Steve Sanghi,
Intel names two chip industry veterans to its board amid CEO search
Intel on Thursday named two chip industry veterans to its board, as the struggling semiconductor firm looks for a new top boss following the recent ouster of Pat Gelsinger and tries to reclaim its lost glory.
These 2 Chip Stocks Are Set to Capitalize on Intel's CEO Crisis
Investors don't seem to know what to do with Intel's (NASDAQ: INTC) recent CEO announcement. The ailing chipmaker issued a press release before markets opened on Monday saying that CEO Pat Gelsinger,
Intel’s New Board Members Offer Clues About CEO Search
Amid its search for a CEO to succeed Pat Gelsinger, the Intel board beefed up its engineering expertise with two new independent directors on Thursday. Eric Meurice was the CEO of semiconductor equipment manufacturer ASML from 2004 to 2013.
Intel adds two new directors with CEO search underway
Intel on Thursday announced the appointment of two new directors with significant semiconductor manufacturing experience as the company seeks a replacement CEO.
Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel stock fell again Wednesday prompting an industry analyst to accuse the chip giant's board of mishandling its CEO's sudden exit.
6h
Intel: Should Have Kept Gelsinger (Rating Downgrade)
Intel Corporation's abrupt CEO removal prompts concerns about company direction and execution, leading to a sell downgrade.
8h
on MSN
Intel Corp (INTC) CEO Exit Signals Uncertain Future Amid Ongoing Structural Challenges
We recently published a list of 14 AI News and Ratings That Wall Street Is Watching. In this article, we are going to take a ...
1d
on MSN
Intel adds former ASML exec, Microchip interim chief to board amid CEO search
Intel Corporation (NASDAQ:INTC) on Thursday said it was adding former ASML (AS:ASML) chief Eric Meurice and Microchip ...
3d
on MSN
Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’
Gelsinger, CEO since 2021, had a 40-plus-year career at Intel. He was betting the company on 18A, a new chipmaking process ...
2h
on MSN
Windows 11 Recall officially comes to Intel and AMD
The company made Recall available to Copilot+ PCs exclusively running Qualcomm processors in a late-November Windows 11 ...
4d
Intel’s CEO hasn’t turned the company around, and now he’s no longer CEO
Intel CFO David Zinsner and Client Computing Group head Michelle Johnston Holthaus will be sharing the title of interim CEO ...
3d
Is Intel A Buy After CEO Pat Gelsinger's Sudden Retirement?
Intel Corporation CEO Pat Gelsinger's sudden retirement stuns markets, sparking speculation of a rift and potential foundry ...
Impacts
1d
Intel Welcomes Eric Meurice and Steve Sanghi to Board of Directors
Intel has welcomed Eric Meurice and Steve Sanghi to the board of directors. Takeaway Points Intel welcomes Eric Meurice and ...
Hoodline
4d
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.
7d
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 ...
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