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Intel CEO Pat Gelsinger steps down
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, including the upcoming 18A node, leaving investors and banking firms divided on the best path forward.
Intel Announces Retirement of CEO Pat Gelsinger
Intel Corp. announced that CEO Pat Gelsinger has retired from the company and stepped down from the board of directors, effective Dec. 1, 2024.
Intel CEO Pat Gelsinger steps down as chipmaker’s struggles continue
Computer chip maker Intel announced the retirement of chief executive Pat Gelsinger on Monday, raising new questions about the company’s future even as the United States is set to give it billions of dollars to build up the country’s ability to manufacture chips at home.
S&P 500, Nasdaq end at record highs
Stocks mixed after record highs. Movers: AT&T, Tesla, Intel, more
Stocks are trading mixed on the second trading day in December, following Monday's record highs for the S&P 500 and Nasdaq. The S&P 500 ticked down 0.04%, while the tech-heavy Nasdaq Composite added 0.
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 start after a November that was the best month of 2024 for both the Dow and S&P 500.
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 2024. The Nasdaq Composite gained 185.78 points or 1% to finish at 19403.95, a record close. It is the index's 33rd record close of 2024.
2h
on MSN
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 ...
4h
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 ...
3h
on MSN
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 ...
1d
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 ...
1d
on MSN
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 ...
24/7 Wall St. on MSN
3d
Biden Just Pulled The Rug On Intel (INTC) And Removed Their Last Lifeline
Intel (NASDAQ: INTC) faces nearly impossible competition against rivals like NVIDIA (NASDAQ: NVDA) when it neglected to enter ...
3d
on MSN
Intel Corporation (INTC) Faces Criticism Over Employee Pay Growth Amid Layoffs and AI Rebranding
We recently compiled a list of the 9 AI News Updates That Analysts Are Monitoring. In this article, we are going to take a ...
Hosted on MSN
5d
Biden Admin Awards Intel US$7.9 Billion for Semiconductor Sector Growth
The Biden administration has announced a US$7.87 billion funding agreement with Intel (NASDAQ:INTC) under the CHIPS ...
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