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Intel CEO Gelsinger Retires
Intel ousts CEO Gelsinger with stock down 61% during his tenure
Intel Corp. is making a change at the top with Chief Executive Pat Gelsinger out after less than four years. The company announced Monday morning that Gelsinger has retired from Intel and stepped down from its board of directors,
Intel CEO Pat Gelsinger is out, stock up 5%
Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1. Intel CFO David Zinsner and Intel products CEO MJ Holthaus were named interim co-CEOs. Frank Yeary will serve as Intel's interim executive chair.
Intel stock pops 4% after CEO Pat Gelsinger retires
Intel (INTC) shares climbed by over 4% during mid-day trading on Monday after the company announced that its chief executive is out.
Nasdaq hits a new record
Stock Market Today: Dow slips; Nasdaq on track for record as Intel, Tesla rally
The SPDR S&P 500 Semiconductor ETF was up 0.9% as tech-related shares led equities higher on Monday. The S&P 500 was up 0.2%, building on Friday's record close, while the Nasdaq Composite jumped 0.9%, on track for its first record close since Nov. 11.
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 News: Dow Drops, Nasdaq Heads to New Record
The Nasdaq Composite was up 0.8%, on track for its first record close since Nov. 11. The S&P 500 was up 0.2% after closing at a record on Friday. The Dow was down 100 points, or 0.2%, and the Russell 2000 was down 0.
1h
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 ...
3h
Intel Stock Jumps After Shocking CEO Departure
Intel has announced the retirement of CEO Pat Gelsinger.
53m
Intel’s Chief Executive Is Out Amid Chipmaker’s Struggles
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.
5h
Intel’s new CEO faces tough AI market challenges
Intel says CEO Pat Gelsinger have retired, effective December 1st. Intel stock tanked an alarming 65% under Gelsinger as its ...
23m
on MSN
Why Taiwan Semiconductor Stock Was Moving Higher Today
Shares of Taiwan Semiconductor (NYSE: TSM) were moving higher today even though there was no company-specific news out on the ...
3h
on MSN
Intel Corporation (INTC) Stock Rallies Amid Reports of Potential US Export Restrictions on Chinese Semiconductor Firms
We recently compiled a list of the 14 AI News That Broke The Internet This Week. In this article, we are going to take a look ...
5h
Stock Market Today: Dow Jones Dips Amid Trump Tariff Threat; Intel, Stellantis CEOs Exit (Live Coverage)
The Dow Jones dipped after Donald Trump made a new tariff threat. Intel stock rose after its CEO exited. Tesla popped on a ...
5h
Intel Corporation (INTC) Secures $7.8 Billion CHIPS Act Grant to Boost Chip Production in Ohio
We recently compiled a list of the 10 AI News Updates You Should Not Miss. In this article, we are going to take a look at ...
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