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Intel's (INTC) fall from grace seemed to happen all at once. Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest ...
Intel’s CEO, Pat Gelsinger, is a true technologist who played an important role in the company’s storied past. Today, he’s faced with a difficult decision: whether to break up the iconic ...
Intel'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 ...
Intel's fall from grace was caused by manufacturing problems, product delays, market share losses, and jarring strategic shifts under three CEOs. ... But over the past decade, it slipped behind ...
Three months after Intel announced a massive restructuring, the stock still has a lot to prove, but shares have fallen far enough that there's a significant upside if the company can execute on ...
Intel suffers a public relations disaster when CNN publicized the story that there was a flaw in the way that the Pentium chip did division. Intel argued that the flaw was irrelevant, but then IBM halted shipments of Pentium-based computers, forcing Intel to reverse course and offer a no-questions-asked return policy.
Intel stock fell today after it was revealed that the company had only received $7.9 billion in direct funding through the CHIPS Act. Previously, the company had been on track to receive an $8.5 ...
Intel (NASDAQ: INTC) stock is slipping in Wednesday's trading. The company's share price was down 2.8% as of 1:15 p.m. EDT, according to data from S&P Global Market Intelligence.