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.
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.
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