Intel Stock Surges After CEO’s Strategic Update
Intel shares rise 7.9% post-CEO update on cost-cutting, new contracts. Key support at $20, resistance at $25.
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Intel shares rise 7.9% post-CEO update on cost-cutting, new contracts. Key support at $20, resistance at $25.
Intel struggles with low stock prices, competition from rivals, and restructuring efforts to regain market confidence.
Intel CEO Pat Gelsinger to present cost-cutting strategy and propose selling Altera division to board for approval.
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