Can Intel Script a Turnaround in 2025 With New Management at Helm?
INTCIntel(INTC) ZACKS·2024-12-24 05:01

Intel Corporation (INTC) has plunged 59.3% in the past year against the industry’s growth of 123.4%, lagging its peers Advanced Micro Devices, Inc. (AMD) and NVIDIA Corporation (NVDA) . Much of this underperformance was due to severe financial difficulties and operational challenges, which forced management to undertake a comprehensive review of its businesses while implementing corporate restructuring in the top rungs. Intel has replaced CEO Pat Gelsinger with David Zinsner and Michelle Johnston Holthaus a ...