Reported 1 day ago
The unexpected exit of Intel's CEO Pat Gelsinger has opened up new avenues for the struggling company to explore potential deals, including ideas previously rejected by him, such as a split of Intel's manufacturing and product divisions. With financial pressures mounting, Intel's board is now reconsidering strategies for restructuring, including divestitures and possible acquisitions by firms like Qualcomm. Analysts suggest this leadership change increases the likelihood of these significant shifts as the company seeks to regain its competitive edge.
Source: YAHOO