Pat Gelsinger

U.S. markets saw mixed results on Monday: the Dow Jones Industrial Average slipped 0.3% to 44,782, the S&P 500 edged up 0.2% to 6,047.15, and the Nasdaq climbed nearly 1% to close at 19,403.95. These are the top stocks that gained the attention of retail traders and investors throughout the day...

Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger announced his retirement on Monday. Reports indicate the Intel chief was forced out by Intel’s board, which had grown frustrated with Gelsinger’s turnaround progress. What Happened: According to a Bloomberg report citing people familiar with...

Intel Corp (NASDAQ:INTC) shares are trading higher Monday after the company announced the retirement of CEO Pat Gelsinger. Here’s a look at what you need to know. What To Know: Intel on Monday announced that Gelsinger retired from the company and stepped down from the board of directors,...

Intel Corp (NASDAQ:INTC) just secured a $7.86 billion grant under the CHIPS Act, marking a significant step in the Biden administration’s push to bolster domestic chip manufacturing. But while this government lifeline aims to supercharge Intel's factory expansion, the struggling chip giant...

The U.S. government reportedly plans to reduce Intel Corp's (NASDAQ:INTC) $8.5 billion federal chips grant. What Happened: Intel, the largest beneficiary of CHIPS Act funding, is set to receive less than $8 billion, a reduction from the $8.5 billion initially announced earlier this year, reported...

Amazon.com, Inc. (NASDAQ:AMZN), Trump Media & Technology Group Corp. (NASDAQ:DJT), Intel Corp. (NASDAQ:INTC), Apple, Inc. and Super Micro Computer, Inc. (NASDAQ:SMCI) are the top five trending tickers on Stocktwits Friday. Here's a look at what grabbed retail investors' attention. AMZN Delivers...

Intel Corp. (NASDAQ:INTC) has a Gaudi problem on its hands – the chipmaker revealed that its AI accelerator won't even make $500 million in 2024, falling short of CEO Pat Gelsinger's target of $1 billion to $2 billion. What Happened: Gelsinger revealed during Intel's third-quarter earnings call...

Patrick Moorhead, CEO and chief analyst of Moor Insights & Strategy, has expressed strong support for CEO Pat Gelsinger following Intel Corp. (NASDAQ:INTC) posting impressive third-quarter earnings. Moorhead shared his views during a segment on Market Domination Overtime. What Happened:...

Intel Corp. (NASDAQ:INTC) shares experienced a significant 6% increase in pre-market trading on Friday, according to Benzinga Pro. This surge followed the announcement of its third-quarter earnings, which exceeded Wall Street’s expectations. Intel closed at $21.52 on Thursday. The company...

Editors Note: The EPS and estimate were corrected, as was the consensus revenue estimate; bullet points updated. Intel Corp. (NASDAQ:INTC) reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.   The Details: Intel reported an EPS...

In the tech world, Intel Corp (NASDAQ:INTC) is stumbling its way through a corporate reboot, while Oracle Corp (NYSE:ORCL) is racing ahead, planting a $6.5 billion artificial intelligence and cloud flag in Malaysia. Let's break down the current state of affairs for these two giants. Intel: A Tough...

Apollo Global Management Inc. (NYSE:APO) has reportedly been considering a multibillion-dollar investment in Intel Corp. (NASDAQ:INTC). What Happened: Apollo has proposed to make an equity-like investment of up to $5 billion in Intel, reported Bloomberg, citing people familiar with the matter. As...

Mobileye Global Inc. (NASDAQ:MBLY) shares skyrocketed on Thursday after Intel Corp (NASDAQ:INTC) assured investors it would not drop its majority stake in the Israeli autonomous driving company. Mobileye gained 14.99% to close at $13.35 on Thursday, marking its largest intraday jump since late...

Amid ongoing challenges in the AI chip market, Intel Corp. (NASDAQ:INTC) is contemplating significant strategic shifts to regain its competitive edge. What Happened: Intel is evaluating significant changes to its business strategy as it faces challenges in the artificial intelligence chip market....

In a significant move aimed at revitalizing the company, Intel Corp. (NASDAQ:INTC) CEO Pat Gelsinger is set to present a comprehensive plan to the board, focusing on asset sales and cost reductions. What Happened: Intel’s CEO and other executives will present a plan to the board to shed...