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Three leadership changes in six years, what can save intel? Can Su Zifeng save it?
intel has changed its CEO again, which was unexpected but somehow anticipated. Over the past six years, they have replaced their CEO three times, yet the situation has worsened, with the crisis deepening. What can save this iconic chip giant from Silicon Valley? Perhaps they need to find their own Suzy. Give the veteran a decent chance. On Sunday, US Pacific Time, the intel board of directors suddenly announced the retirement of CEO Pat Gelsinger; the 63-year-old Gelsinger resigned from the CEO position and left the intel board of directors, effective immediately. intel's CFO David
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
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