Commenting on the departure of Pat Gelsinger as Intel’s CEO, Stifel said that while a fresh set of eyes likely makes sense at this point, the firm expects that additional modifi ...
Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 2.9% for Meta Platforms were the two strongest forces pushing upward on the S&P 500.
Chip stocks were higher Monday, with shares of Intel Corp. up 3% after the company announced that CEO Pat Gelsinger had retired effective immediately and left the company's boar ...
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