Old CEO Out, 'New CEO' In - Struggling Intel Is A Bargain Nonetheless
Intel's recent struggles include suspending dividends, delaying factory construction, and drastic cost-cutting measures. Read why INTC stock is a long-term Buy.
Intel’s CEO had big plans for a turnaround. It failed, and now he’s gone
Intel’s shares rose 5% Monday after the company announced the 63-year-old Gelsinger, who began his career at the chipmaker in 1979, had retired from the position of chief executive and also stepped down from the board of directors.
8 ways Intel can still pull itself out of free fall after its CEO's forced exit
Pat Gelsinger's departure leaves Intel at a crossroads, forcing the company to confront cultural stagnation, x86's decline, and growing competition from Arm, AI, and TSMC. Here's what could come next.
Intel CEO Pat Gelsinger retires
Intel has announced that CEO Pat Gelsinger is retiring. David Zinsner and Michelle Johnston Holthaus have been named interim Co-CEOs
Pat Gelsinger Suddenly Retires After Three Rough Years as Intel CEO
Intel's stock price has seen better days, but Pat Gelsinger has also led the company through numerous scandals with its latest processors.
Factbox-From Boeing to Intel: CEO Exits at Major Global Companies in 2024
Several global companies, including aircraft manufacturer Boeing and struggling chipmaker Intel, have witnessed the departure of their CEO's this year, with a handful of firms opting for seasoned executives to fill these leadership voids.
Intel’s troubles deepen, as its boss makes an abrupt exit
W hen Pat GELSINGER took over as Intel’s chief executive in 2021 he seemed to possess the same impatient mindset as his mentor, Andy Grove, a former boss of the chipmaker famed
8 ways Intel can still pull itself out of free fall after its CEO's sudden exit
Pat Gelsinger's departure leaves Intel at a crossroads, forcing the company to confront cultural stagnation, x86's decline, and growing competition from Arm, AI, and TSMC. Here's what could come next.
Intel's stock ends lower despite initial upbeat reaction to CEO exit
Intel's stock closed fractionally lower on Monday, despite rising as much as 5.9% earlier in the session on news that Pat Gelsinger is out as CEO. The stock's reversal perhaps signals an investor understanding that Intel's problems are deeper than its leadership.
Intel CEO retires as once-mighty chipmaker continues to struggle
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while the company searches for a replacement for Gelsinger,
The move could deal a blow to the mainland businesses of Nvidia, Qualcomm and Intel
The move could deal a blow to the mainland businesses of Nvidia, Qualcomm and Intel.
What Intel, Qualcomm, TSMC, and Other Semiconductor Investors Need to Know About Recent Updates
Qualcomm (NASDAQ: QCOM), Taiwan Semiconductor Manufacturing (NYSE: TSM), and other semiconductor stocks. To learn more, check ...
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Qualcomm-Intel deal speculation fizzles out
Qualcomm is unlikely to pursue any transactions with Intel, a decision that aligns with industry expectations. Sources close ...
Intel: Challenges For The New CEOs
Intel’s leadership change prompts a fresh look at its strategy. Read why INTC stock holds steady with a Hold rating, given ...
Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports
Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News ...
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Qualcomm loses interest in Intel; chip funding cut
Details of Qualcomm's waning interest follow reports Intel could lose a chunk of funding the US government allocated to it.
Qualcomm's Interest In Taking Over Intel Wanes Due To 'Complexities' Involved: Report
Qualcomm Inc.’s QCOM interest in acquiring Intel Corp. INTC is reportedly waning due to the "complexities" involved. What ...
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Intel fired Pat Helsinger as CEO — after the company’s shares fell by more than 50% in 2024
On December 1st, Pat Gelsinger left his position as CEO of Intel, where he had worked for 4 years. Temporarily, the company ...