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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’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 while the company's board of directors searches for a new CEO. Gelsinger has also stepped down from his seat on the board.
1h
on MSN
Intel's Pat Gelsinger departing chipmaker with millions in severance
Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down ...
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 ...
5h
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 ...
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 ...
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 ...
14h
Intel At The Crossroads. Where Does Intel Go From Here?
Intel is in the process of shedding many non-core products and related assets while showing very positive results in its ...
14h
on MSN
Intel Launches Arc B-Series Graphics Cards for Budget Gamers
Intel has announced its next-generation Arc B-series desktop graphics cards, based on its new Xe2 architecture dubbed ...
12h
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 ...
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