9min chapter

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Pat Gelsinger Steps Down As Intel CEO, Black Friday Boost, Trump Throws BRICs on Tariffs 12/2/24

Squawk on the Street

CHAPTER

Intel's Leadership Shakeup

This chapter examines Pat Gelsinger's unexpected retirement from Intel and the subsequent appointment of interim co-CEOs. It explores the challenges Intel has faced in the competitive semiconductor market, highlighting the need for significant investment and strategic changes to restore the company's financial health and investor confidence.

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