Intel finally brings good news to Wall Street
After a disastrous second-quarter earnings report in August that resulted in the worst trading day for the company’s stock in 40 years, Intel (INTC) CEO Pat Gelsinger finally has good news for Wall Street. On Monday, Gelsinger announced that Intel…
Intel converts foundry business into subsidiary and considers external financing
Intel CEO Pat Gelsinger holds a wafer sample during his keynote speech at the Computex conference in Taipei on June 4, 2024. AFP | Getty Images Intel Shares rose 8% in extended trading on Monday after the company announced it…
Intel director and tech industry veteran Lip-Bu Tan leaves the board of the struggling chipmaker
Intel director and tech industry veteran Lip-Bu Tan leaves the board of the struggling chipmaker Intel Director Lip-Bu Tana semiconductor industry veteran who was brought in two years ago to help the chipmaker make a comeback has resigned from the…