Skip to main content

Intel CEO Pat Gelsinger's Removal Raises Doubts Over Turnaround Plan

The ousting of Intel CEO Pat Gelsinger has abruptly halted his plans for the company's revival. Investors welcomed the change in leadership, with Intel's stock initially surging up to 6 percent after the announcement, but ultimately settling down by 0.5 percent when markets closed on Monday.

from Gadgets 360 https://ift.tt/K7Elw8s
Labels:

Comments

Post a Comment

Popular posts from this blog

Google, Apple Urged to Remove TikTok From App Store, Play Store by FCC Commissioner

Google, Apple has been asked by FCC official Brendan Carr to either remove TikTok from their app stores by July 8 or explain to him why they did not plan to do so. Carr alleged that the video-sharing app TikTok has collected vast troves of sensitive data about US users that could be accessed by ByteDance staff in Beijing. from Gadgets 360 https://ift.tt/cDxO2zE
Post a Comment
Read more