Intel Interim Co-Chief Expects CEO To Have Foundry Background, Stands By Forecast

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Intel stock is down over 54% year-to-date as it failed to tap technological shifts, including a shift to mobile devices and AI-centric computing akin to Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and Nvidia Corp (NASDAQ:NVDA).

Intel Corp (NASDAQ:INTC) interim co-CEO David Zinsner said he expects the next chief to have manufacturing and product expertise Reuters cites from the UBS technology conference on Wednesday.

Also Read: Amazon Takes On Nvidia With Cheaper AI Supercomputers, Servers Zinsner said Intel’s “core ...

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesTaiwan

Topics: US67066G1040 News Benzinga FTXL BZ Data Project Media TSM Top Stories NVDA US4581401001 FEPI Stock Battles Tech US8740391003 INTC Briefs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 16:11:51 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24144186

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