Tag: Intel

2024-09-02

Intel shares up 8%, chipmaker working with Morgan Stanley

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Business

Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel Innovation Taipei technology forum in Taipei, Taiwan, on Tuesday, Nov. 7, 2023.Intel last month predicted a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line. Photographer: I-Hwa Cheng/Bloomberg via Getty Images I-Hwa Cheng | Bloomberg…

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2024-08-26

Intel has hired Morgan Stanley to defend against activists: sources

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A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel is working with advisors including Morgan Stanley to help defend itself against activist investors, according to people familiar with the matter, as CEO Pat Gelsinger attempts to turn around the struggling chipmaker….

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2024-08-05

Tech stocks see steep three-week slump, led by Amazon, Intel

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Signage outside the Nasdaq MarketSite in New York on March 23, 2023. Stephanie Keith | Bloomberg | Getty Images With quarterly earnings from tech’s mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous. The Nasdaq Composite slumped 3.4% this week, bringing its three-week slide to 8.8%. That’s the worst performance for the tech-heavy…

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2024-08-03

Intel share plunge drags down global chip stocks from TSMC to Samsung

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Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia Corp. Photographer: Annabelle Chih/Bloomberg via Getty Images Bloomberg…

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