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Intel delivers long-awaited CEO change, but that doesn’t make its stock a buy
The situation here seems likely to keep getting worse before it gets better, and the ultimate fate of the company seems even more uncertain,” one analyst said.
Intel (INTC) Stock Rises Following CEO Change Announcement
Intel announces the retirement of CEO Pat Gelsinger, effective December 1, 2024, with David Zinsner and Michelle Johnston Holthaus stepping in as interim Co-CEOs.
Intel CEO retires as chipmaker’s struggles continue
Intel on Monday announced the retirement of chief executive Pat Gelsinger, under whose leadership the legacy tech giant has faltered in the hypercompetitive semiconductor market, leading to a precipitous decline in its stock price.
Intel CEO Pat Gelsinger Resigns After Struggling to Turn Around Chip Maker
Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.
Finbold | Finance in Bold
5h
Here’s why Intel stock is surging
Intel's stock price is experiencing a strong rally as investors respond positively to the announcement of a leadership change ...
Hosted on MSN
8h
Trump Media (DJT) Stock Surges In Premarket As Trump Taps Board Member Kash Patel For FBI Leadership
Trump Media & Technology (NASDAQ:DJT) stock surged over 2% in premarket trading on Monday after President-elect Donald Trump ...
The Tokenist
5h
Super Micro’s (SMCI) Stock Surges Amid Leadership Overhaul After Clean Review
Super Micro Computer Inc. is undergoing significant leadership changes to enhance governance and transparency following an ...
Hoodline
1h
Intel CEO Pat Gelsinger Retires Amid Market Challenges, Shares Surge on Leadership Change
Intel's CEO Pat Gelsinger retires amid the company's struggles, with its future uncertain and stock rising post-announcement.
2h
Intel’s Strategic Transition Amid Leadership Changes and Market Challenges
Stifel Nicolaus analyst Ruben Roy has maintained their neutral stance on INTC stock, giving a Hold rating on November 27.Don't Miss our Black ...
5d
Petco: Is New Leadership Enough To Sustain The Stock's Gains?
Petco stock has surged 34% YTD, driven by meme-stock trends, but its fundamentals and new CEO Joel Anderson's profit-first ...
NewsX
7h
Intel CEO Pat Gelsinger Retires After A Tumultuous Four-Year Leadership Tenure
Intel CEO Pat Gelsinger announced his retirement effective December 1, concluding a nearly four-year period marked by ...
4h
on MSN
Intel CEO Forced Out After Board Grew Frustrated With Progress
Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around ...
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