Intel CEO Pat Gelsinger is out, stock up 5%
Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1. Shares of Intel were up 5% Monday in pre-market trading. Gelsinger's retirement comes a week after Intel and the CHIPS and Science Act office finalized a $7.86 billion grant, which is slated to fund the company's factory-building plans.
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Qualcomm (NASDAQ: QCOM), Taiwan Semiconductor Manufacturing (NYSE: TSM), and other semiconductor stocks. To learn more, check ...
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So, maybe it isn’t surprising that CEO Pat Gelsinger is leaving. The announcement was made via press release this morning, ...
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On December 1st, Pat Gelsinger left his position as CEO of Intel, where he had worked for 4 years. Temporarily, the company ...
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