Intel CEO is tired of Wall Street doubting his comeback plan
As Intel's new CEO tries to steer the chipmaker back to the good old days, he is being tested by investors who don't seem as impressed with his vision.
Source: thestar.com.my
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Analysis: Intel CEO is tired of Wall Street doubting his comeback plan
From Bloomberg: The plan is going to be expensive. In Ohio, CEO Pat Gelsinger is spending $20 billion to build the world's biggest chipmaking facility. He's also planning an expansion in Europe, making deals and ramping up research spending. This week, Intel agreed to buy Tower Semiconductor Ltd. for $5.4 billion, part of a push into making chips on a contract basis for other companies.
Source: crainscleveland.com
Intel's CEO Is Tired of Wall Street Doubting His Turnaround Plan
(Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger, who took the job in February 2021, gives himself an A- grade for his first year running the chipmaker. Investors are proving to be tougher graders. No one is faulting the 60-year-old’s energy level and ambition.
Source: bloombergquint.com