Intel Corporation (INTC)
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.
Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel stock fell again Wednesday prompting an industry analyst to accuse the chip giant's board of mishandling its CEO's sudden exit. The post Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again appeared first on Investor's Business Daily.
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.
