Intel board member quit after differences over chipmaker's revival plan.
Jeez, Intel seems to be in big trouble, sold all their ARM shares and no dividends for investors.
Quote: The sudden resignation of a high-profile Intel (
INTC) board member came after differences with CEO Pat Gelsinger and other directors over what the director considered the U.S. company’s bloated workforce, risk-averse culture and lagging artificial intelligence strategy, according to three sources familiar with the matter.
SP dropped around 35% in a month and over 50% over 6 months, currently an 85 billion MC.
The sudden resignation of a high-profile Intel board member came after differences with CEO Pat Gelsinger and other directors over what the director considered the U.S. company’s bloated workforce, risk-averse culture and lagging artificial intelligence strategy, according to three sources...
us.yahoo.com