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Intel shares slide as Gelsinger exit leaves chipmaker without a 'quick fix'

By CNBC   |   1 year ago
Intel shares slide as Gelsinger exit leaves chipmaker without a 'quick fix'

Intel CEO Pat Gelsinger was ousted, leading to a 6% stock drop. Interim co-CEOs were appointed, with doubts on reviving the company. Intel faces challenges with declining revenue and market share loss to rivals like Nvidia.

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