Intel announced last month that company CEO Ke Zaiqi has resigned as CEO and director. The company's CFO, Robert Swan, is the interim CEO, and the appointment takes effect immediately. Intel said in a statement, Ke Zaiqi I have had a relationship with Intel employees who have a 'two loves' relationship, which violates Intel's 'not deep friendship' policy.
US investment bank Evercore ISI analyst CJ Muse said in a research note today: 'Currently it is a critical period for Intel, and the resignation of Ke Qiaoqi brings additional uncertainties to Intel. Currently, Intel is Faced with the severe challenges of competitors such as NVIDIA and AMD, its chip manufacturing technology also seems to lag behind TSMC's 7-nanometer manufacturing process.
Affected by the report, Intel's share price fell 1.5% today. At the same time, Muse also lowered Intel's target price from $64 to $54.