TechStocks2025
80 views
2 Discussing
Hot
Latest
Intel Shares Slide 8.5% After CEO Tan's Cost-Cutting Focus Sparks Investor Concerns
Intel’s stock took a sharp 8.5% dip after new CEO Lip-Bu Tan unveiled a cost-conscious strategy that alarmed investors hoping for aggressive tech innovation. Tan called past investments under ex-CEO Pat Gelsinger “excessive” and is pausing factory projects in Germany, Poland, and slowing one in Ohio.
While Q3 sales forecast looked promising, uncertainty around Intel’s commitment to its 14A chip tech—and its delayed AI roadmap—has rattled confidence. Intel’s layoffs will reduce staff by over 20% this year, and the company is spinning off its networking unit. With rivals like Nvidia soaring on AI momentum, Intel's next moves will be critical.
Follow for more 🤝
#IntelEarnings #ChipIndustry #AIChips #LipBuTan #TechStocks2025
Intel’s stock took a sharp 8.5% dip after new CEO Lip-Bu Tan unveiled a cost-conscious strategy that alarmed investors hoping for aggressive tech innovation. Tan called past investments under ex-CEO Pat Gelsinger “excessive” and is pausing factory projects in Germany, Poland, and slowing one in Ohio.
While Q3 sales forecast looked promising, uncertainty around Intel’s commitment to its 14A chip tech—and its delayed AI roadmap—has rattled confidence. Intel’s layoffs will reduce staff by over 20% this year, and the company is spinning off its networking unit. With rivals like Nvidia soaring on AI momentum, Intel's next moves will be critical.
Follow for more 🤝
#IntelEarnings #ChipIndustry #AIChips #LipBuTan #TechStocks2025
Login to explore more contents