Intel Stock (Nasdaq: IntC) Jumps – Executive Team Shaken, 18a on flames

Today was one of these great days for Chip Stock Intel (IntC), where it could do little or even wrong. In fact, news about the 18A process, which indicated that it developed in a large way, and Lip-Bu Tan continued to restructure this hated bureaucracy. The investors caught the ghost to a great extent and sent stocks of Intel by around 4%in the trade on Thursday afternoon.

The double decimation – a 20% burden on the workforce – is still on the way. But Intel made his plans for the management team a little more precise. CFO David Zinsner, for example, gets some new tasks. He will now lead both corporate development and Global Information Technology (IT) organization (IT). The company development was Matt Poirer’s job, but Poirer jumped after a new opportunity, reported. Now Poirer’s position has been removed and folded into the CFO slot.

In addition, Jeff Dahncke – a senior head of global communication and events – will report directly to Tan himself. In the past, global communication and events for sales and marketing reported. Now it goes directly to the CEO because it “… matches our general business priorities”. Anthony Lin, head of Intel Capital, will now also report directly to Tan instead of the Chief Strategy Officer. After all, Pushkar Ranade, company engineer, will now act both employees and technology consultants from LIP-BU TAN.

A hot property

The 18A process, which viewed some as a “Bet-the-Company” movement, begins to attract a lot of attention from Intel’s own competitors. NVIDIA (NVDA) is reportedly interested in the 18a node. Based on the sheer amount of Intel, Intel is about 18a that even the Taiwan Semiconductor (TSM) may be exposed to an unexpectedly strong strength.

Intel will be his largest customer here, with an acceptance rate of 70% of the internal nodes that are currently involved. And with reports that say that the Nova Lake Compute tile will not only pass to TSMC, he suggests that Intel is ready to put his money where his mouth is as far as the 18a node.

Is Intel a purchase, hold or sale?

In Wall Street, analysts have a hold -consensus for intc shares based on a purchase, 26 holds and four sales that have been assigned in the past three months, as stated in the graphic below. After a loss of the share price of 38.56% last year, the average INTC course goal of $ 22.44 per share means an upward potential of 4.8%.

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