Intel Corporation (INTC)
Why Intel Stock Was Sliding Again Today
Shares of Intel (INTC -4.64%) continued to retreat today after an initial pop following the exit of CEO Pat Gelsinger. Intel added new members to its board this morning, but a picture of a chaotic search for a new CEO is emerging as well.
Intel hires two tech heavyweights to help steer struggling chipmaker in new direction
Intel Corp (NASDAQ:INTC, ETR:INL) has added two technology heavyweights to its board of directors to firm up the senior leadership at the struggling chipmaker. The new board additions are Eric Meurice, former chief executive of Dutch semiconductor machinery titan ASML Holding NV (NASDAQ:ASML), and Steve Sanghi, the currency chairman and interim chief executive officer of Microchip Technology Inc (NASDAQ:MCHP).
Intel names two chip industry veterans to its board amid CEO search
Intel on Thursday named two chip industry veterans to its board, as the struggling semiconductor firm looks for a new top boss following the recent ouster of Pat Gelsinger and tries to reclaim its lost glory.
Intel's Stock Just Did Something It Hasn't Done Since 2022
The last couple of years have been terrific for semiconductor stocks. Well, most semiconductor stocks, that is.
Intel adds two new directors with CEO search underway
Intel on Thursday announced the appointment of two new directors with significant semiconductor manufacturing experience as the company ramps up the search process for ousted CEO Pat Gelsinger's replacement. Former ASML CEO Eric Meurice and Microchip interim CEO Steve Sanghi will join Intel's board effective immediately, the company said.
Is Now the Time to Buy 3 of the S&P 500's Worst-Performing Stocks of 2024?
The S&P 500 has hit record levels this year and many stocks have generated fantastic returns for investors. But there's been no shortage of struggling investments, either.
What Pat Gelsinger's Retirement Likely Means for Intel Stock
Intel (INTC -2.27%) is set to begin a new phase of its history amid the sudden retirement of CEO Pat Gelsinger. Gelsinger spent most of his career at Intel.
He Was Going to Save Intel. He Destroyed $150 Billion of Value Instead.
Pat Gelsinger was one of the chip pioneer's true believers. After his rescue strategy failed, the board lost confidence in him.
Intel Upgrade: Made In America, Slowly
A new CEO could bring fresh leadership, potentially revitalizing the company's strategy and improving operational efficiency. The company's current challenges include stagnating growth and declining market share. The new CEO needs to be a better marshal of resources and get the FABs done as quickly as possible.
Intel says its 'no wafer left behind' days are over
Intel says it needs to move to be thriftier and approach production with a zero-waste model. Execs said the company needs to prioritize efficiency over "no wafer left behind.
Intel's Pat Gelsinger departing chipmaker with millions in severance
Former Intel CEO Pat Gelsinger is in line to receive millions of dollars in severance following his decision to step down from the struggling chipmaker, according to company filings.
Intel Corporation (INTC) UBS Global Technology and AI Conference (Transcript)
Intel Corporation (NASDAQ:INTC ) UBS Global Technology and AI Conference December 4, 2024 3:35 PM ET Company Participants David Zinsner - Executive Vice President and Chief Financial Officer Naga Chandrasekaran - Executive Vice President and Chief Global Operations Officer Conference Call Participants Tim Arcuri - UBS Tim Arcuri Okay, we're going to get started. Thank you for being here.
