Why Intel (INTC) Stock Is Down Today
Shares of computer processor maker Intel (NASDAQ:INTC) fell 5.9% in the afternoon session after the company announced the retirement of CEO Pat Gelsinger. While the company searches for his replacement,
Why Intel Stock Is Sinking Today
Intel stock is losing ground today following skeptical coverage from Bank of America (BofA) analysts. The chip specialist's share price had climbed yesterday following news that CEO Pat Gelsinger would be resigning, but BofA's analysts raised concerns about the company's path going forward.
Top Stock Movers Now: AT&T, Core & Main, Intel, FedEx, and More
Key Takeaways U.S. equities were little changed at midday following the record-setting performances by the S&P 500 and Nasdaq yesterday.AT&T gave an optimistic outlook for growth and said it would return $40 billion to shareholders in dividends and stock buybacks.
Intel Needs More Than a New CEO. Why It’s Best to Avoid the Stock.
Pat Gelsinger’s reign at Intel began nearly four years ago with a flood of initiatives and hope for the future of the tech titan. It ended with a whimper. Gelsinger stepped down with no successor in place.
Why Intel Stock Was Climbing Today
Shares of Intel (NASDAQ: INTC) were moving higher today after the chip giant surprised investors this morning by saying that CEO Pat Gelsinger has retired as CEO and from the board of directors, effective Dec.
Intel CEO is out as the company's stock sinks
The CEO of Intel is leaving the company as it struggles to reinvent itself. Why it matters: Investors fear Intel is falling behind in the AI chip wars against booming AI titans like Nvidia. Driving the news: Pat Gelsinger abruptly retired as of Sunday after 40 years with the company and a nearly four-year stint as CEO,
Intel Stock Is Moving Higher Monday: What's Going On?
Intel shares are trading higher Monday after the company announced the retirement of CEO Pat Gelsinger. Here’s a look at what you need to know. What To Know: Intel on Monday announced that Gelsinger retired from the company and stepped down from the board of directors,
Intel stuck between foundry and hard place as it searches for new CEO
Intel (NASDAQ:INTC) dismissed CEO Pat Gelsinger, who was a driving force behind improving manufacturing capabilities, ...
Intel Was a Tech Titan, Its Downfall Sends a Warning to Apple, Nvidia, Alphabet. And 5 Other Things to Know Today.
Musk’s Tesla pay package again rejected by judge, Super Micro review finds no misconduct, and more news to start your day.
Intel Faces Crisis as CEO Pat Gelsinger Resigns, Secures $10M Exit Deal
Though earnings fell short of expectations in the face of growing competitiveness, Gelsinger's tenure witnessed notable ...
Chips mixed as investors digest Intel CEO departure, await Marvell earnings
Semiconductor stocks were mostly mixed on Tuesday as sector investors digested the latest news out of Intel (NASDAQ:INTC) and ...
What Intel, Qualcomm, TSMC, and Other Semiconductor Investors Need to Know About Recent Updates
Qualcomm (NASDAQ: QCOM), Taiwan Semiconductor Manufacturing (NYSE: TSM), and other semiconductor stocks. To learn more, check ...
The Nasdaq hits a new record as Tesla and Intel push tech stocks higher
The tech-driven Nasdaq reached a high on Monday, driven by gains by Intel and Tesla (TSLA), getting December off to a good ...
Intel: Challenges For The New CEOs
Intel’s leadership change prompts a fresh look at its strategy. Read why INTC stock holds steady with a Hold rating, given ...
Stock Market Today: S&P 500, Nasdaq end at record highs as major tech stocks rally
The S&P 500 went up 14.77 points or 0.2% to close at 6047.15, a record closing high. It is the index's 54th record close of ...