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The stock has lost more than half of its value this year, and it was replaced last month by Nvidia on the blue-chip Dow Jones Industrial Average index. Rival Advanced Micro Devices climbed 3.6% ...
That agreement is part of Intel's plans to invest more than $100 billion over the next five years in new plants in the U.S. A semiconductor being manufactured. Image source: Getty Images.
Shares of Intel (NASDAQ: INTC) were moving higher today after the chip giant surprised investors this morning by saying that CEO Pat Gelsinger has retired as CEO and from the board of directors ...
An Intel 486DX2 microprocessor using the 80486 architecture designed by Gelsinger in the 1980s. Gelsinger first joined Intel at 18 years old in 1979 just after earning an associate degree from Lincoln Tech. [9] He spent much of his career with the company in Oregon, [12] where he maintains a home. [13]
Bob Swan remained Intel's interim CEO and CFO until January 31, 2019, when he was appointed permanent CEO. [20] He had reportedly told employees he was not pursuing a permanent CEO position. [17] [21] In December 2018, it was reported that he was the only Intel insider buying stock since 2010. [22] He was also the only eBay insider to buy stock ...
The company saw EPS of $0.54 and $15.4 billion in revenue in the same quarter last year. Intel, however, said it expects revenue between $11.7 billion and $12.7 billion in the current quarter ...
Renée J. James (born June 25, 1964) is an American technology executive, who was formerly the president of Intel.She founded Ampere Computing in October 2017, is currently its Chairman and CEO. [1]
The move leaves Intel without a permanent leader when it's in the middle of a massive transition, having said it would lay off 15% of its workforce in August, as it's in the midst of a years-long ...