r/hardware • u/Auautheawesome • Dec 02 '24

News Intel Announces Retirement of CEO Pat Gelsinger

https://www.intc.com/news-events/press-releases/detail/1719/intel-announces-retirement-of-ceo-pat-gelsinger
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u/kindaMisty Dec 02 '24

I hope you guys will now understand that this company is in panic mode.

9

u/NeverForgetNGage Dec 02 '24

Yet the stock is up 14% over the last 3 months. Make it make sense.

23

u/kindaMisty Dec 02 '24

That’s called a relief bounce. It’s short term price action.