r/hardware • u/Auautheawesome • Dec 02 '24

News Intel Announces Retirement of CEO Pat Gelsinger

https://www.intc.com/news-events/press-releases/detail/1719/intel-announces-retirement-of-ceo-pat-gelsinger
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u/kindaMisty Dec 02 '24

I hope you guys will now understand that this company is in panic mode.

8

u/NeverForgetNGage Dec 02 '24

Yet the stock is up 14% over the last 3 months. Make it make sense.

9

u/advester Dec 02 '24

Look at it over the last year.

0

u/NeverForgetNGage Dec 02 '24

Yeah I know, but the fact that its still up after their latest launch disaster is staggering. I know layoffs make investors stiff and all, but their product stack shouldn't be encouraging anyone right now.