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Intel has been a Dow component since 1999, so the move will bring its 25-year run to an end. Shares of the chip stock sold off on the news, falling 1.8% in the after-hours session.
Intel currently has well over 120,000 employees today. Intel's CEO lays out some of the ways it intends to brace for even tougher times, and to make "bolder actions".
On Monday, Intel CEO Pat Gelsinger abruptly decided to retire after less than four years on the job. That was the official story, anyhow. The truth is more complicated.
Where Intel was stuck on 14nm, AMD moved to 12nm with the 2000-series Ryzen CPUs, which launched in early 2018 with significantly better performance than the first-generation Ryzen CPUs.
Intel's New CEO Lip-Bu Tan Has a History as a Successful Underdog By Stephen Nellis and Max A. Cherney SAN FRANCISCO (Reuters) - Lip-Bu Tan may be one of the most powerful technology executives ...
Intel (NASDAQ: INTC) stock popped Friday after it reported ugly third-quarter results but its outlook for the fourth quarter was better than expected. However, the celebration was short-lived, as ...
Intel has been a Dow component since 1999, so the move will bring its 25-year run to an end. Shares of the chip stock sold off on the news, falling 1.8% in the after-hours session.
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