Intel CEO Pat Gelsinger Under Growing Pressure As Chipmaker Evaluates Major AI Strategy Overhaul To Catch Up With Nvidia And AMD: Report Amid ongoing challenges in the AI chip market, Intel Corp. is contemplating significant strategic shifts to regain its competitive edge. 09/5/2024 - 10:25 pm | View Link
Intel CEO Pat Gelsinger to present plans to help the company at emergency board meeting Intel CEO Pat Gelsinger will present ideas to the board in mid-September, on how the Intel ship will be steered: selling its foundries, and more possible. 09/3/2024 - 11:00 am | View Link
Watch These Intel Stock Levels as CEO Reportedly Preparing Plans to Sell Assets, Cut Costs Intel shares remain in focus this week after Reuters reported on Sunday that CEO Pat Gelsinger and other senior ... On Friday the stock surged more than 9% after Bloomberg reported that the ... 09/2/2024 - 3:06 pm | View Link
Report: Intel CEO Pat Gelsinger to reveal new plan to cut costs and sell off business units Last month, in its earnings call, Intel announced it will suspend its dividend for shareholders and cut its workforce by 15%, as part of a plan to save about $10 billion in costs. That came after it ... 09/1/2024 - 2:57 pm | View Link
Exclusive-Intel Board Member Quit After Differences Over Chipmaker's Revival Plan SAN FRANCISCO (Reuters) - The sudden resignation of a high-profile Intel board member came after differences with CEO Pat Gelsinger and other directors over what the director considered the U.S ... 08/26/2024 - 11:40 pm | View Link