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Intel CEO to pitch board on plans to cut costs, sell chip unit – Reuters

Investing.com -- Intel (NASDAQ:INTC) CEO Pat Gelsinger is set to present a strategic overhaul to its board of directors later this month, aimed at...

Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says

By Max A. Cherney and Milana Vinn(Reuters) - Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month...

Intel Stock Is Soaring. Can a Breakup Plan Save the Company?

Shares of Intel (NASDAQ: INTC) were on the move Friday in the wake of news reports that the company was considering the possibility of...

Intel’s Stock Is Rising After a Report Says It Might Sell Its Foundry Business

Key TakeawaysIntel is reportedly having discussions around the possible spin off or sale of its foundry division, which makes chips for other companies.The company's...

Why Intel Shares Are Moving Higher Today

Intel (NASDAQ: INTC) has been moving in the wrong direction so far in 2024, with the stock losing more than half its value year...

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