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Intel CEO's Exit Boosts AMD Amidst Chipmaker's Struggles
Intel CEO Pat Gelsinger's surprise retirement on Monday sent Intel shares up 4%, while rival AMD is expected to benefit further; analysts predict that each billion dollars of market share Intel loses in data centers could translate to $0.40 or more in earnings for AMD.
Intel CEO's Exit Boosts AMD Amidst Chipmaker's Struggles
Intel CEO Pat Gelsinger's surprise retirement on Monday sent Intel shares up 4%, while rival AMD is expected to benefit further; analysts predict that each billion dollars of market share Intel loses in data centers could translate to $0.40 or more in earnings for AMD.
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Showing 25 to 25 of 25 results