Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then returning as CEO in 2021. He was generally well respected by Wall Street and industry insiders, but on his watch, the stock underperformed the market as Intel lost ground in the AI race to Nvidia.
Reuters reported on Tuesday that Intel has started evaluating a handful of outsiders including former board member Lip-Bu Tan ...
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have ...
Intel’s board of directors announced Gelsinger’s retirement as chief executive, effective yesterday, today. The company ...
Intel faces challenges but could see positive changes with new leadership. Learn why INTC stock might deliver strong returns ...
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 ...
And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston ...
Intel CEO Pat Gelsinger has stepped down after a three-year stint leading the company, the chipmaker announced Monday.
Intel CEO Pat Gelsinger's removal has put an abrupt end to his role in the struggling chipmaker's turnaround efforts, leaving ...
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