Key TakeawaysIntel shares finished lower following the announcement that CEO Pat Gelsinger has retired, effective yesterday.The chipmaker announced a pair of interim co-CEOs as its search for a permanent replacement is underway.Intel shares had lost more than half their value entering Monday as the chipmaker has cut costs and thousands of jobs as it has fallen behind some of its rivals. News that chip giant Intel (INTC) will get a new CEO set the embattled chip maker's shares in motion Monday, with the stoc ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Intel CEO Pat Gelsinger speaks while holding a new chip, called Gaudi 3, during an event called AI Everywhere in New York, on Dec. 14, 2023. Credit: AP Photo/Seth Wenig, File Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle ...

Shares of Intel (INTC 3.49%) were moving higher today after the chip giant surprised investors this morning by saying that CEO Pat Gelsinger has retired as CEO and from the board of directors, effective Dec. 1.Gelsinger will be replaced on an interim basis by two senior leaders, CFO David Zinsner and CEO of Intel Products Michelle Johnston (MJ) Holthaus.Investors seemed to see the shake-up as a sign of necessary change as the stock was up 4.4% as of 12:16 p.m. ET. It jumped immediately in premarket trading ...

核心观点 - 英特尔公司宣布CEO Pat Gelsinger退休，并任命两名临时联合CEO，同时启动寻找永久CEO的程序。公司股价在消息公布后上涨约2.2%至$24.57 [2] 公司动态 - 英特尔宣布Pat Gelsinger于周日退休，任命David Zinsner（CFO）和Michelle "MJ" Johnston Holthaus（新任Intel Products CEO）为临时联合CEO [3] - 公司已成立搜索委员会，寻找永久CEO [3] - 英特尔股价在周一上涨近4% [5] - 公司正在进行艰难的转型，股价自年初以来已下跌约50% [6] - 英特尔已裁员数千人，并出售部分资产，以应对落后于竞争对手的局面 [6] - 公司在8月报告了超出预期的净亏损，并宣布将裁员约15%，作为100亿美元成本削减计划的一部分 [7] - 董事会主席Frank Yeary表示，尽管公司在恢复制造竞争力和建立世界级代工厂方面取得了显著进展，但仍需努力恢复投资者信心 [8] - 在最近的财报中，Gelsinger表示公司在转型计划中取得了“坚实进展”，但仍面临大量工作 [8]

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 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. ...

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 ...

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 ...

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]

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 ...