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Intel CEO Pat Gelsinger Is Retiring. Time to Sell the Stock?
The Motley Fool· 2024-12-03 00:42
Pat Gelsinger rejoined Intel in 2021.In this video, I will cover the recent updates regarding Intel (INTC 5.86%). Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 29, 2024. The video was published on Dec. 2, 2024. ...
Intel Stock Jumps After Shocking CEO Departure
The Motley Fool· 2024-12-03 00:41
Intel has announced the retirement of CEO Pat Gelsinger.In today's video, I discuss recent updates affecting Intel (INTC 5.20%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the pre-market prices of Dec. 2, 2024. The video was published on Dec. 2, 2024. ...
Here's why Intel stock is surging
Finbold· 2024-12-03 00:30
Intel’s (NASDAQ: INTC) stock price is experiencing a strong rally as investors respond positively to the announcement of a leadership change at the once-dominant semiconductor giant.As of press time, Intel’s shares were trading at $24.86, more than 3% from the previous market close. This marks a continuation of gains from the pre-market session, during which the stock surged over 5% at its peak.Despite the short-term optimism, Intel’s long-term performance tells a different story. The stock remains under si ...
Will Jobs Week Pave a Smooth Way Forward?
ZACKS· 2024-12-03 00:10
Monday, December 2, 2024It’s the final Jobs Week of 2024 this week, and as such holds particular importance for the Fed, who will decide on forward monetary policy based partly on the health of the U.S. labor market. Last month, we saw a huge gap between private-sector payrolls from ADP (ADP) coming in at +233K new jobs filled, and the U.S. government’s Employment Situation report only brought in +12K positions. We’ll see if revisions pull these numbers closer together.Tuesday brings us the latest JOLTS rep ...
Intel CEO Pat Gelsinger retires amid chipmaker's struggles
The Guardian· 2024-12-02 23:12
公司高层变动 - 英特尔CEO Pat Gelsinger退休,David Zinsner和Michelle Johnston Holthaus被任命为临时联合CEO [1][2][7] - Pat Gelsinger在英特尔的职业生涯超过40年,曾担任公司首位首席技术官,并于2021年回归担任CEO [2] - Frank Yeary将担任英特尔董事会的临时执行主席 [8] 公司财务与战略调整 - 英特尔宣布将裁员15%,约15,000个职位,以应对市场竞争并改善财务状况 [6] - 英特尔同时设计并制造芯片,与主要竞争对手如Nvidia和AMD不同 [6] 政府资助变化 - 拜登政府计划减少英特尔85亿美元联邦资助中的部分资金,主要原因是英特尔同时获得30亿美元用于为军方提供计算机芯片 [3][4] - 资助变化与公司的财务记录或里程碑无关 [6] 公司历史与贡献 - Pat Gelsinger在任期间推动了半导体制造的投资和公司创新 [8]
Intel boss departs as crisis deepens at Silicon Valley trailblazer
Proactiveinvestors NA· 2024-12-02 23:00
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
Intel Stock Rises After Company Says CEO Retires
Investopedia· 2024-12-02 22:55
公司动态 - 英特尔公司宣布新任CEO Pat Gelsinger已辞职,立即生效,公司任命David Zinsner和Michelle "MJ" Johnston Holthaus为临时联合CEO [1] - 英特尔已成立搜索委员会,寻找永久替代人选 [2] 市场反应 - 英特尔股价在盘前交易中上涨约4% [1] - 英特尔股价今年下跌约50% [3]
Intel CEO Pat Gelsinger retires from flailing chipmaker after 40-plus-year career
New York Post· 2024-12-02 22:46
Intel Chief Executive Pat Gelsinger retired on Sunday after a 40-year career at the company that has lately been marred by missteps that have enabled rivals to overshadow the once-dominant chipmaker.David Zinsner and Michelle Johnston Holthaus have been named co-CEOs as the board searches for a new chief executive, the company said Monday. Zinsner is executive vice president and chief financial officer at the company. Holthaus is the chief executive of Intel Products, which encompasses the company’s client ...
Intel CEO Pat Gelsinger Retires Amid Silicon Valley Firm's Rut
Forbes· 2024-12-02 22:22
核心观点 - 英特尔首席执行官Pat Gelsinger立即退休,由首席财务官David Zinsner和英特尔产品首席执行官Michelle Johnston Holthaus担任临时联合首席执行官 [3] 关键事实 - Pat Gelsinger在2021年2月接任英特尔首席执行官,现年63岁 [4] - 英特尔股价在宣布后盘前交易中上涨4% [5] 重要数据 - 在Gelsinger担任首席执行官的3.5年期间,英特尔股票回报率为-53%,而同期标普500指数回报率为69%,竞争对手英伟达股价飙升超过900% [6] 背景信息 - 英特尔在过去十年中是标普500指数中表现第16差的股票,回报率为-16%,而其主要竞争对手英伟达和AMD分别飙升了近28,000%和5,000% [7]
Intel CEO Pat Gelsinger is out
CNBC· 2024-12-02 21:38
Intel CEO Pat Gelsinger delivers a speech at Taipei Nangang Exhibition Center during Computex 2024, in Taipei on June 4, 2024.Intel announced Monday that CEO Pat Gelsinger had retired from the company effective Dec. 1, capping a tumultuous nearly four-year tenure at what was once America's leading semiconductor company but which saw its stock price and market share collapse under his tenure.Intel CFO David Zinsner and Intel products CEO MJ Holthaus were named interim co-CEOs. Frank Yeary will serve as Intel ...