Here's What Wall Street Analysts Say Is Ahead For Intel After Ceo Pat Gelsinger's Departure

kcloonan@insider.com (Kelly Cloonan), Business Insider
Tue, 12/03/2024 - 2:40pm

Intel's ex-CEO Pat Gelsinger.I-HWA CHENG/ Getty ImagesIntel's stock dropped 6% on Tuesday after the company announced the departure of CEO Pat Gelsinger on Monday.That fall brings the stock's year-to-date loss to 55%.Analysts remain largely bearish on the stock, and say its struggles are likely not over.Intel stock dropped 6% Tuesday as investors reacted to the departure of the chip maker's CEO, and Wall Street analysts seem to think the company future remains uncertain.

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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.
12/3/2024 - 8:40 am | View Link
Intel Now On The Outside As They Face Being Split Up
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12/3/2024 - 8:11 am | View Link
Pat Gelsinger inherited major problems at Intel. Its next CEO may have to navigate worse.
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Intel's announcement of CEO Pat Gelsinger's unexpected retirement following the Thanksgiving holiday has sent shockwaves through the semiconductor industry. The departure of Gelsinger, who implemented ...
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Here's What Wall Street Analysts Say Is Ahead For Intel After Ceo Pat Gelsinger's Departure

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