Intel's fired CEO Pat Gelsinger
YAHOO!Finance · 2d
Former Intel CEO Pat Gelsinger Buys Nvidia Shares, Sees AI Market Expansion
Former Intel ( INTC, Financials) Chief Executive Pat Gelsinger revealed that he has acquired shares of Nvidia ( NVDA, Financials) and other artificial intelligence-related stocks, citing recent advancements in AI model training. The DeepSeek-fueled sell-off reminds investors of the biggest earnings story propping up the stock market
Intel’s AI dreams slip further out of reach
Datacenter Dynamics · 8h
Intel posts third consecutive quarterly loss, cancels planned release of Falcon Shores AI chip
In the first earnings report since former CEO Pat Gelsinger left the company, Intel’s fourth-quarter revenue was down seven percent year-on-year (YoY) to $14.3 billion, whilst full-year revenue declined by two percent YoY to $53.1bn.
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