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Intel CEO Pat Gelsinger steps down
Analysts reset Intel stock forecasts after CEO exits
Related: Can Intel be rescued? Analysts review embattled tech stock before earnings. It's quite a comedown for the company, which had been a member of the Dow 30 for 25 years and
Here's what Wall Street analysts say is ahead for Intel after CEO Pat Gelsinger's departure
Intel stock dropped 6% on Tuesday as investors reacted to the CEO's departure. Wall Street analysts say there's more uncertainty ahead for the chip maker.
Pat Gelsinger lost out on massive $140 million performance bonus—but he’ll have earned at least $46 million for his four years as Intel’s CEO
When Intel hired Gelsinger in 2021 to revive the chipmaker’s fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.
1d
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 ...
6h
Why Intel Stock Is Sinking Today
Intel stock is losing ground today following skeptical coverage from Bank of America (BofA) analysts. The chip specialist's ...
54m
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year
A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis ...
1d
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 ...
5h
Why Intel (INTC) Stock Is Down Today
Shares of computer processor maker Intel (NASDAQ:INTC) fell 5.9% in the afternoon session after the company announced the ...
7h
on MSN
Intel stuck between foundry and hard place as it searches for new CEO (update)
Intel dismissed CEO Pat Gelsinger, who was a driving force behind improving manufacturing capabilities, including the ...
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