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Intel Stock Tanks After Trump Demands CEO’s Immediate Resignation—What’s Next for the Chip Giant?
Intel Stock Tanks After Trump Demands CEO’s Immediate Resignation—What’s Next for the Chip Giant?
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Intel shares nosedived today as former President Trump escalated his war on Big Tech—calling for the CEO's head in a fiery statement. Market watchers brace for fallout.
Here's why Wall Street is panicking:
• Political grenade lobbed at critical moment—Intel was already struggling with 14nm delays
• Leadership vacuum could derail turnaround efforts as AMD eats their lunch
• Institutional investors dumping shares—because nothing says 'stable investment' like a presidential Twitter tantrum
The chipmaker now faces its Lehman moment: reinvent under fire or become another cautionary tale in the semiconductor wars. Meanwhile, crypto miners shrug and keep buying whatever GPUs they can find.
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