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Intel Stock in a Tailspin: What Lies Behind the Downfall? [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
AMD and NVIDIA Corporation NVDA. Much of this underperformance is perceived to be the fallout of severe financial difficulties and operational challenges. With the appointment of David Zinsner and Michelle Johnston Holthaus as the interim Co-CEOs in place of the erstwhile CEO Pat Gelsinger, the company aims to take the bull by the horns. Management is also undertaking a comprehensive review of its businesses and is reportedly mulling various options, including the potential split of its product design and manufacturing divisions. It plans to establish Intel Foundry as an independent subsidiary to unlock strategic benefits and improve capital efficiency with clearer separation and independence from the rest of Intel. The division incurred an operating loss of $5.8 billion in the last reported quarter. Intel Stock One-Year Price Performance Comparison Zacks Investment Research Image Source: Zacks Investment Research Lack of Innovation: INTC's Biggest Malaise? While most of I
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- Intel Accelerates Software-Defined Innovation with Whole-Vehicle Approach[Business Wire]
- INTC Unveils Cutting Edge Processors for AI PCs: Stock to Gain? [Yahoo! Finance][Yahoo! Finance]
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