Intel CEO Gelsinger Faces Challenges Amidst Competitors

Reported 22 days ago

Analysts express concerns about Intel's CEO Patrick Gelsinger, stating he may have underestimated the time needed for a significant restructuring. With Intel's stock down nearly 60% in 2024, questions regarding its AI strategy and manufacturing capacity remain. Stifel's Ruben Roy and KeyBanc's John Vinh highlight growing investor skepticism about Gelsinger's ability to lead the company towards growth in a competitive chip market.

Source: YAHOO

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