Pat Gelsinger’s reign at Intel (INTC) began nearly four years ago with a flood of initiatives and hope for the future of the tech titan, but it ended with a whimper. Gelsinger stepped down this past Monday with no successor in place. Now the short-term demands of investors may be at odds with the long-term health of the company, Adam Levine writes in this week’s edition of Barron’s. Until a new management team shows it can balance Intel’s short- and long-term priorities, investors should avoid the stock, the author says.
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Read More on INTC:
- Intel’s (NASDAQ:INTC) New Turnaround Plan
- Notable open interest changes for December 6th
- Intel management to meet virtually with Benchmark
- The Gelsinger Post-Mortem Starts at Intel (NASDAQ:INTC)
- Intel adds former ASML CEO, Microchip interim CEO to board
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
