‘Intel is back:’ New CEO’s plan to make chips for other companies excites investors

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: In his first extended public remarks since becoming Intel CEO, Pat Gelsinger offered an underlying message: Intel, the American chipmaking giant, is getting its swagger back.

?Source: CNBC.com

Date: Mar 23, 2021

Link: https://www.cnbc.com/2021/03/23/intel-makes-foundry-strategy-shift-under-new-ceo-pat-gelsinger-.html

Questions for discussion:

  • Explain why the stock price jumped?
  • What does this announcement say about the new management at the firm and changes to the vision for the company?
  • What does this story say about the relationship between businesses and governments?

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