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Intel Board Blasted For Handling Of CEO's Sudden Exit
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.
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 considers an outside CEO, taps headhunters
Intel is considering tapping an outside hire as CEO, a nearly unprecedented occurrence, as the company reels from the ouster of Pat Gelsinger.
Intel, Pat Gelsinger
Intel CEO Pat Gelsinger retires
Intel CEO Pat Gelsinger retired Sunday, after more than 40 years with the company. The company quickly named two interim co-CEOs to hold the fort while it searches for a long-term replacement.
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, effective Dec. 1, 2024.
Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.
Intel is in a shake-up. Its next leaders will have to take on the challenges of catching up in the AI race and navigating Donald Trump.
3h
on MSN
Intel says its 'no wafer left behind' days are over
Now, Intel needs to focus on efficiency, the company's chief global operations officer said on Wednesday.
2d
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 ...
17h
on MSN
Bank of America Maintains Underperform Rating on Intel Corporation (INTC), Sees Increased Likelihood of Business Separation Amid CEO Transition
We recently compiled a list of the 12 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...
1d
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 ...
1d
Intel Is Changing For The Better, It's Time To Buy
Intel Corporation has been removed from the Dow Jones 30, reflecting their poor performance over the past five years. Find ...
Hoodline
2d
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.
5d
on MSN
Intel Corporation (INTC): Citi Maintains Neutral Rating Amid CHIPS Act Grant Adjustment and Execution Concerns
We recently compiled a list of the 15 Trending AI Stocks on Latest Ratings and News. In this article, we are going to take a ...
3h
Intel Upgrade: Made In America, Slowly
Read here for an analysis of Intel's need for a new CEO to address stagnant growth and declining market share, with a focus on improving operational efficiency.
10h
Intel's interim co-CEO Zinsner says new chief executive will have foundry experience
Intel's next chief executive officer will have manufacturing expertise as well as experience in the product side of the ...
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