May 25, 2024

Cocoabar21 Clinton

Truly Business

Week ahead: Gathering intel on Intel | Business

2 min read

The pandemic has powered big gains in big technology companies, but not the biggest semiconductor maker. Shares of Intel have rallied only about half as much as the NASDAQ off their COVID-19 lows a year ago. The stock’s 2020 performance was much worse than the tech index overall.

Shareholders expect to hear more from the company on Tuesday when new CEO Pat Gelsinger holds a public webcast. He has promised “a business update” and “the new era of innovation and leadership.”

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Financial journalist Tom Hudson hosts “The Sunshine Economy” on WLRN-FM in Miami, where he is the vice president of news. He is the former co-anchor and managing editor of “Nightly Business Report” on public television. Follow him on Twitter @HudsonsView. | Newsphere by AF themes.