Intel Corporation (INTC)
Intel's interim co-CEO Zinsner says new chief executive will have foundry experience
Intel will have a CEO with manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said at the UBS technology conference on Wednesday.
Intel's outgoing CEO to miss out on millions in performance bonuses
Intel Corp (NASDAQ:INTC, ETR:INL)'s outgoing CEO Pat Gelsinger will miss out on $140 million in performance bonuses, according to an analysis by a compensation expert for Fortune. Gelsinger, who resigned on Monday after four years in the top job at the chipmaker, will have earned at least $46 million including severance during his tenure.
Intel: Prospects Of A New CEO Could Improve Sentiment (Rating Upgrade)
Despite Intel's historical underperformance and management issues, I'm upgrading my rating from hold to buy due to potential positive sentiment changes. Intel's struggles stem from manufacturing challenges, competition, strategic missteps, and poor financial performance, all linked to poor management. Pat Gelsinger's dismissal is a positive step, but Intel needs an outside CEO to reform its corporate culture and drive a sustainable turnaround.
Intel's Next CEO? Why Apple, TSMC, Marvell Executives Could Be in the Mix.
A new boss will have to decide whether to abandon the company's hopes of becoming a chip-manufacturing leader.
Gelsinger Gone: What Intel's Big Move Means for INTC Stock
Intel Corp. NASDAQ: INTC stock is down an additional 5.8% the day after the company announced that Pat Gelsinger was stepping down as chief executive officer (CEO) effective immediately. A pair of interim CEOs will run Intel as the board undertakes an executive search.
Departing Intel CEO Gets $10 Million
According to a filing with the U.S. Securities and Exchange Commission, former Intel Corp.
Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
When Pat Gelsinger took the helm of Intel (INTC -6.10%) in 2021, the hope was that he could be the mastermind who engineered the aging semiconductor titan's long-awaited turnaround.
2025: Intel Stock's Comeback Year?
Next year promises to be an important one for Intel stock. Intel is likely to see its bread-and-butter CPU sales pick up with a more compelling portfolio of products and recovery in demand.
And the Winner Isn't—Behold Intel, CVS, and More of the Ugliest Turnaround Attempts of 2024
Intel just took the lead, with close competition from Stellantis. Don't count out Boeing.
Intel's next CEO needs to decide the fate of its chip fabs
Intel's CEO departure reignited debate on splitting its factories from the company. Intel's fabs are costly, but they're also considered vital for US national security.
What's next for Intel's foundry business without Pat Gelsinger?
Intel (INTC) shares slip by over 5% on Tuesday following CEO Pat Gelsinger's sudden retirement from the chip manufacturer over the weekend. Intel's CFO David Zinser and CEO of Intel Products Michelle Johnston Holthaus have been named as interim co-CEOs as the company searches for a new chief executive.
Intel: Pat's Away -- Reiterating Buy
Intel Corporation announced the retirement of Pat Gelsinger; we think it was a right guy, wrong time kind of situation. We also believe INTC stock is trading below its intrinsic value at current levels and that new management coupled with PC TAM expansion in 2025 could bode well for the company. Intel's undervaluation, new management and potential business break up, presents a compelling trade opportunity for the first half of 2025, in our opinion.
