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Intel CEO is out
Intel Stock Finishes Lower After Company Says CEO Has Retired
Key Takeaways Intel shares finished lower following the announcement that CEO Pat Gelsinger has retired, effective yesterday.The chipmaker announced a pair of interim co-CEOs as its search for a permanent replacement is underway.
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 share price had climbed yesterday following news that CEO Pat Gelsinger would be resigning, but BofA's analysts raised concerns about the company's path going forward.
Intel CEO is out as the company's stock sinks
The CEO of Intel is leaving the company as it struggles to reinvent itself. Why it matters: Investors fear Intel is falling behind in the AI chip wars against booming AI titans like Nvidia. Driving the news: Pat Gelsinger abruptly retired as of Sunday after 40 years with the company and a nearly four-year stint as CEO,
1h
on MSN
Chips mixed as investors digest Intel CEO departure, await Marvell earnings
Semiconductor stocks were mostly mixed on Tuesday as sector investors digested the latest news out of Intel (INTC) and ...
21h
on MSN
These Stocks Moved the Most Today: Super Micro, Intel, Tesla, Stellantis, Upstart, Gap, Norwegian, and More
Super Micro stock rises sharply after the server maker says it completed an investigation into accounting issues and found no ...
8h
Intel split ‘more likely, but not less difficult’ after CEO exit, says BofA
After Intel (INTC) announced the “unexpected” retirement of CEO Pat Gelsinger, BofA said the transition “does not come as a complete surprise” ...
11h
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 ...
19h
Intel CEO, Super Micro, cruise line stocks: Market Domination
There's just one more hour to go in the first trading session of December. Julie Hyman and Josh Lipton have investors covered ...
3h
Analysts Offer Insights on Technology Companies: Intel (INTC) and Dave (DAVE)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intel (INTC – Research Report) and Dave ...
5h
Intel CEO Gelsinger's removal raises doubts over turnaround plan
(Reuters) -Intel CEO Pat Gelsinger's removal has put an abrupt end to his role in the struggling chipmaker's turnaround ...
1d
Stock Market Today: Dow Jones Dips As Intel Fades After CEO Exit; This Warren Buffett Stock On 44% Run Clears Entry (Live Coverage)
The Dow Jones dipped after Donald Trump made a new tariff threat. Intel stock rose after its CEO exited. Tesla popped on a ...
1d
Stock Market Today: Dow slips; Nasdaq on track for record as Intel, Tesla rally
The SPDR S&P 500 Semiconductor ETF was up 0.9% as tech-related shares led equities higher on Monday. The S&P 500 was up 0.2%, ...
1d
on MSN
Famous Wall Street Analyst: Intel (INTC) Really Does Not Have ‘Any AI Story’
Jared Cohen, Goldman Sachs president of global affairs, co-head of the Goldman Sachs Global Institute, said while talking to ...
wepc
3d
Intel’s flagship processor is dirt cheap while Cyber Monday stocks last
Cyber Monday's deals are hitting all the best bits of hardware, and Intel's flagship processor, the i9-14900K, has had a ...
10h
Intel’s Strategic and Operational Challenges Lead to Hold Rating Amid CEO Departure and Market Setbacks
Robert W. Baird analyst Tristan Gerra maintained a Hold rating on Intel (INTC – Research Report) today and set a price target of $25.00.Don't ...
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