Wednesday, December 11, 2024

S&P Global downgrades Intel's credit rating on slow recovery, management changes

The departure of CEO Pat Gelsinger, who was critical to the Intel's integrated manufacturing strategy, also adds uncertainty to the execution of the company's turnaround plan, S&P Global said. Gelsinger's departure came well before the completion of his four-year roadmap to restore the company's lead in making the fastest and smallest computer chips, a crown it lost to Taiwan Semiconductor Manufacturing Co.

from Tech-Economic Times https://ift.tt/2W5vjZg

No comments:

Post a Comment

US health officials, tech executives to launch data-sharing plan: Report

Top Trump health officials will reportedly meet tech executives at the White House to promote smoother health-care data sharing. The event i...