Intel Faces Turmoil as CEO Exits and Stock Forecasts Plummet

Intel's CEO Pat Gelsinger has been forced to retire by the board due to dissatisfaction with his strategy to regain market share, particularly against AI leader Nvidia. The company has appointed interim co-CEOs while searching for a new leader. Analyst Hans Mosesmann views this as a sign of Intel's declining fundamentals and lack of innovation, recommending a Sell rating on Intel shares. Wall Street's consensus on Intel remains neutral, with most analysts suggesting a Hold.