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Intel's interim co-CEO Zinsner says new chief executive will have foundry experience

Intel is searching for a new CEO with manufacturing expertise after Pat Gelsinger's resignation, emphasizing the need for cultural change and retaining its core strategy.

investing.com • 04/12/2024 - 21:39 PM

EU watchdog probes Nvidia hardware bundling as it scrutinises Run:ai deal

EU regulators are investigating Nvidia's bid for Run:ai, focusing on potential market impacts and practices related to GPU software and hardware bundling.

investing.com • 04/12/2024 - 12:19 PM

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.17%

U.S. stocks were mixed with notable gains in tech and telecom sectors, while declines were seen in consumer goods and financials. Key stocks reached all-time highs.

investing.com • 03/12/2024 - 21:30 PM

INTC

Intel's ousted CEO Pat Gelsinger to receive $12 million severance

Pat Gelsinger will receive a $12 million severance package after resigning as Intel's CEO, following the board's dissatisfaction with his revitalization plan after less than four years.

investing.com • 03/12/2024 - 15:27 PM

INTC

Intel considers former board member for CEO after ousting Gelsinger

Intel is searching for a new CEO after Pat Gelsinger's departure, considering candidates like Lip-Bu Tan amidst challenges in leadership and strategic direction.

investing.com • 03/12/2024 - 14:31 PM

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INTC

Exclusive-Intel's CEO-shortlist candidates include former board member Lip-Bu Tan, sources say

Intel is in the process of selecting a new CEO after ousting Pat Gelsinger, with Lip-Bu Tan being considered as a candidate among others.

investing.com • 03/12/2024 - 14:20 PM

INTC

Intel's ousted CEO Gelsinger to receive up to $12 million payout

Intel's former CEO Pat Gelsinger is set to receive up to $12 million in severance after being ousted, reflecting failed turnaround efforts within the company.

investing.com • 03/12/2024 - 12:49 PM

Chinese industry groups warn against US chips

Four Chinese industry associations warned local companies against purchasing U.S. chips, calling them 'unsafe' and promoting local sourcing amid ongoing U.S. export restrictions.

investing.com • 03/12/2024 - 12:05 PM

INTC

Intel CEO Gelsinger's removal raises doubts over turnaround plan

Intel's CEO Pat Gelsinger was removed, raising doubts about the company's turnaround as stocks fell over 50% this year amid failing to keep up with rivals in the AI market.

investing.com • 03/12/2024 - 11:57 AM

Explainer-How China could retaliate against new US chip curbs

Washington's semiconductor restrictions on China provoke fears of retaliation from Beijing, including investigations, export controls, and reviews affecting U.S. tech firms amid escalating trade tensions.

investing.com • 03/12/2024 - 07:31 AM

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