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These 2 Chip Stocks Are Set to Capitalize on Intel's CEO Crisis
Investors don't seem to know what to do with Intel's (NASDAQ: INTC) recent CEO announcement. The ailing chipmaker issued a press release before markets opened on Monday saying that CEO Pat Gelsinger,
Intel Stock Finishes Lower After Company Says CEO Has Retired
News that chip giant Intel will get a new CEO set the embattled chip maker's shares in motion Monday, with the stock finishing marginally lower as the company sought to reassure investors that things might improve after a punishing year.
Intel CEO Pat Gelsinger announces immediate retirement; 2 interim co-CEOs named
Shake up in Silicon Valley. Intel CEO Pat Gelsinger announces immediate retirement with the company naming two interim co-CEOs to lead the chipmaker. He started at Intel in 1979 and was its first chief technology officer.
Meet 2 chip execs reportedly in the running for Intel CEO — one is an outsider
The chipmaker is considering at least two people outside the company to replace former CEO Pat Gelsinger, who abruptly retired on Sunday.
Ousted Intel CEO Pat Gelsinger is leaving the company with millions
Intel may have ousted CEO Pat Gelsinger, but he’s leaving the company with a significant payday. He’s set to receive 18 months of his base annual salary of $1.25 million, according to a filing with the Securities and Exchange Commission.
Pat Gelsinger lost out on massive $140 million performance bonus—but he’ll have earned at least $46 million for his four years as Intel’s CEO
When Intel hired Gelsinger in 2021 to revive the chipmaker's fortunes, he received a pay package that would have been worth as much as $206 million if he had met performance targets.
Here's what Wall Street analysts say is ahead for Intel after CEO Pat Gelsinger's departure
Intel stock dropped 6% on Tuesday as investors reacted to the CEO's departure. Wall Street analysts say there's more uncertainty ahead for the chip maker.
Intel At A Crossroads: CEO Retires
Can anyone genuinely rescue Intel from its current predicament? The company's missed mobile and AI chips opportunities have left it playing catch-up in critical markets.
Intel Axes CEO Pat Gelsinger: Is It Time to Buy the Struggling Chip Stock?
Intel said on Monday that CEO Pat Gelsinger was retiring, effective immediately. Two senior leaders will take over as interim co-CEOs while it searches for a permanent replacement. The move calls into question the company's strategic direction and the future of its foundry business.
Intel’s CEO, Pat Gelsinger, ‘retires’ — riiiiight
That’s the company’s story line for public consumption, at least. But if you buy that, you’re not paying attention.
Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.
Intel is in a shake-up. Its next leaders will have to take on the challenges of catching up in the AI race and navigating Donald Trump.
CRN
2d
Meet New Intel Products CEO Michelle Holthaus: 5 Big Things To Know
Intel on Wednesday explained why its board of directors chose Michelle Johnston Holthaus, a longtime sales and channel leader ...
4d
on MSN
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement.Two company executives, ...
1h
on MSN
The Score: Intel, Salesforce, American Airlines and More Stocks That Defined the Week
Intel named two interim co-CEOs: Chief Financial Officer David Zinsner and Michelle
Johnston
Holthaus
, general manager of ...
17h
Intel taps 2 for board — including Microchip CEO — as post-Gelsinger stock slide continues
Steve Sanghi is the chairman of Microchip Technology (Nasdaq: MCHP), a chipmaker that has a plant in Gresham. He was ...
Digi Times
20h
Intel's interim chiefs blend newcomer vision with veteran roots
Following CEO Pat Gelsinger's unexpected retirement announcement, Intel has appointed CFO David Zinsner and EVP Michelle ...
Investor's Business Daily on MSN
1d
Intel Board Blasted For Handling Of CEO's Sudden Exit As Stock Falls Again
Intel named two interim CEOs, David Zinsner, Intel's chief financial officer, and Michelle
Johnston
Holthaus
, CEO of ...
CRN
2d
Interim Intel Co-CEO: ‘The Core Strategy Remains Intact’
Interim Intel co-CEO David Zinsner said on Wednesday that the chipmaker’s “core strategy remains intact” and offered further ...
1d
on MSN
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 ...
The Business Journals
1d
Intel taps 2 for board as post-Gelsinger stock slide continues
Senior execs Dave Zinsner and Michelle
Johnston
Holthaus
were named as interim co-CEOs with Gelsinger's exit. Another ...
3d
on MSN
Intel’s CFO has a tough new job: Serve as interim co-CEO to keep its finances from further ‘deteriorating’
And now its CFO is tasked with helping to keep the company afloat. David Zinsner, EVP and CFO, and Michelle (MJ) Johnston ...
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