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2 mins read
Intel stock surges 7% on news CEO Bob Swan to be replaced by VMware's Pat Gelsinger
Intel stock jumped 7% on news Pat Gelsinger would join as CEO. This comes after an activist hedge f…
Will Daniel
2 mins read
Intel is replacing CEO Bob Swan with VMware CEO Pat Gelsinger
Intel's CEO replacement will go into effect on February 15 and comes after the chip giant saw a rou…
Katie Canales
1 min read
Intel's CEO search is over - Bob Swan will be its chief executive moving forward
"In my role as interim CEO, I've developed an even deeper understanding of Intel's opportunities an…
Steven Tweedie
5 mins read
Insiders say that new Intel CEO Bob Swan is a solid pick, but faces some tough challenges right away
"It's obviously a very generous compensation package but when you're running a company the size of…
Rosalie Chan
1 min read
The rise of Bob Swan, who went from leading a notorious dot-com bust to becoming the new CEO of Intel
Swan is a familiar face for Intel shareholders and employees: He had been serving as CFO since 2016…
Nick Bastone
4 mins read
New Intel CEO Bob Swan could make $138 million in salary and stock compensation if the company hits its most ambitious targets
Importantly, the $3.4 million bonus figure isn't set in stone. Rather, it's a target number, set at…
Rosalie Chan
2 mins read
New Intel CEO Bob Swan takes a humble tone in a meeting with investors after a huge earnings shortfall: 'We let you down'
Martinwolf Analyst Marty Wolf said Intel is clearly still struggling to bounce back after missing r…
Benjamin Pimentel
2 mins read
New Intel CEO Bob Swan will make as much as $4.68 million a year - and he's eligible for $28.5 million or more in stock awards
That doesn't count the stock that Intel will give him, either. In 2019, Swan is eligible to recieve…
Rosalie Chan
2 mins read
Intel says it's bringing back free office coffee to boost morale after a rough year
Intel has struggled to stay competitive in recent years, causing it to layoff thousands of employee…
Lauren Edmonds
5 mins read
Why Zyn nicotine pouches are all the rage among workers looking for a boost
Forget cigarettes or a cup of coffee. Some workers find all the inspiration they need in a tiny pou…
Dan DeFrancesco
3 mins read
Rep. Marjorie Taylor Greene's husband just spent up to $295,000 on stock in companies that contradict the Republican lawmaker's BLM and LGBTQ stances
Congress is actively debating whether to ban lawmakers and their spouses from buying and selling in…
Dave Levinthal,Madison Hall
2 mins read
Intel's stock plunges 10% after the tech giant said production problems will delay its new chips
Intel saw its stock tumble Thursday after announcing that production missteps led to a delay of its…
Benjamin Pimentel
2 mins read
Intel's chief engineer is departing as the chip giant grapples with the fallout from a major production stumble
Murthy Renduchintala, Intel's chief engineer, is leaving the company after production issues led to…
Benjamin Pimentel
4 mins read
Intel's new CEO used to be CFO, and analysts worry he may not have the technical chops to lead the company through the stormy waters ahead: 'Intel needs a strong technical leader'
This was underscored two weeks ago when Intel reported first-quarter results. The company put out a…
Benjamin Pimentel
1 min read
LIVE: Here come Intel's Q1 earnings
It's been a busy period for the chipmaker, and investors are keen for more details on Intel's surpr…
Rosalie Chan
3 mins read
The CEO of Intel says that the 'insatiable demand' for enough processing power to handle tons of data led it to a big beat on Wall Street expectations
Swan said the cloud - specifically, serving mega-providers like Amazon and Microsoft with chips - i…
Benjamin Pimentel
1 min read
Intel is quitting the 5G smartphone modem business: 'There is no clear path to profitability and positive returns'
The company said it will focus its 5G wireless efforts on network infrastructure. But, when it come…
Alexei Oreskovic
3 mins read
Intel's CEO says that cloud providers like Amazon are back to buying lots of chips, leading to a strong quarter - but that 'we're letting our customers down' in the PC chip business
Intel has struggled with production issues that led to the company underestimating demand, with the…
Benjamin Pimentel
1 min read
Apple is reportedly in talks to buy Intel's smartphone-modem chip business for $1 billion
The two companies had reportedly discussed a deal in the past, but the talks are said to have falle…