Intel Unveils New Turnaround Plan Amid Board Shake-Up
ByAinvest
Saturday, Dec 7, 2024 3:28 pm ET1min read
INTC--
Intel is developing a new turnaround plan under interim CEO David Zinsner, focusing on ramping up its products division to support its foundry business. The company has added two new members to its board of directors: Steve Sanghi and Eric Meurice. Analysts have a Hold consensus rating on INTC stock with an average price target of $24.43, implying 17.06% upside potential.
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