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Intel’s Big Bet That Sank Stock and Its CEO
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 Big Bet That Sank the Stock and Its CEO
Analysts expect a shake-up to Intel’s foundry business on the heels of Pat Gelsinger’s dramatic exit. Intel’s stock has plummeted 61% since Gelsinger took the helm in February 2021, according to Dow Jones Market Data.
Intel Stock Is Moving Higher Monday: What's Going On?
Intel shares are trading higher Monday after the company announced the retirement of CEO Pat Gelsinger. Here’s a look at what you need to know. What To Know: Intel on Monday announced that Gelsinger retired from the company and stepped down from the board of directors,
Intel CEO Pat Gelsinger retires, stock rises
Intel Corporation announced Monday that CEO Pat Gelsinger has retired from the company, stepping down from his role and the board of directors, effective December 1, 2024. The news pushed Intel (NASDAQ:INTC) shares over 5% higher
8h
on MSN
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, ...
11h
on MSN
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 ...
2h
Intel Is Sinking As Risk Factors Pile Up, Is It A Time To Get Out?
There are increased headwinds with a high degree of uncertainty regarding the future of Intel's leadership. Read why I'll ...
14h
Why Intel Stock Is Sinking Today
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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 ...
20h
on MSN
Intel Stock Price Levels to Watch After CEO Shakeup
Intel shares will likely remain on watchlists Tuesday, a day after the embattled chipmaker said CEO Pat Gelsinger had stepped ...
21h
Heard on the Street: Intel Stock Falls After CEO Exit Raises More Questions
Pat Gelsinger’s resignation might open some options for Intel, but the chip maker's struggles with manufacturing technology ...
2h
on MSN
Meet 2 chip execs reportedly in the running for Intel CEO — one is an outsider
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly ...
techtimes
19h
Intel CEO Pat Gelsinger Steps Down: Seeing 61% Stock Crash, Catastrophic Challenges In His Reign
Moreover, Gelsinger also faced the significant boom of artificial intelligence after OpenAI released the famed ChatGPT, ...
13h
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 ...
1d
on MSN
Why Intel Stock Was Climbing Today
Shares of Intel ( INTC 4.84%) were moving higher today after the chip giant surprised investors this morning by saying that ...
14h
Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix'
Intel shares fell more than 5% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.
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