Intel adds some much-needed help to its board, with stock on track for its worst year ever
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Intel Corp. has added two executives with semiconductor expertise to its board, following the ouster of CEO Pat Gelsinger. This move comes as Intel's stock is on track for its worst year ever.
December 06, 2024 | 1:45 am
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Intel has added two semiconductor experts to its board after CEO Pat Gelsinger's ouster, as the company faces a challenging year with its stock on track for its worst performance.
The addition of semiconductor experts to Intel's board is a strategic move to stabilize the company after the CEO's ouster. However, the stock's poor performance this year suggests that the impact may be neutral in the short term as investors await further developments.
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