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Even Intel’s biggest critics are now on board with its new CEO

Even Intel's biggest critics are now on board with its new CEO

Intel has been facing some hurdles these past few years. Not only has Nvidia overtaken the blue team as the most valuable US chip maker, Intel’s 10nm node is also five years behind schedule. These, among other issues, have been a cause for concern for investors across the globe. Billionaire investor Dan Loeb of Third Point was one of those to air his apprehensions quite publicly, but he now appears to have revised his stance.

According to Barron’s, Loeb had previously expressed his malcontent toward Intel’s manufacturing, calling the loss of talent in engineering over the years a “brain drain” for the company.

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