Intel Chief Barrett Laments `Timing Sucks&#39; for His Departure
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Intel Corp. Chief Executive Officer Craig Barrett wanted to go out in glory like his old boss, Andy Grove. Instead, he&#39;ll retire to slumping sales growth, restless investors and repeated product delays.
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Intel Corp. on Thursday said President Paul Otellini, a marketing expert, would replace Craig Barrett as chief executive, at a time when the No.
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Intel&#39;s board of directors has elected current president and chief operating officer Paul Otellini as its next chief executive, succeeding Craig Barrett, who was named new chairman of the board.
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Analysts&#39; assessments came after Intel announced last week that it was scrapping plans to develop a 4-gigahertz version of its Pentium 4 chip.
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SAN FRANCISCO - Intel Corp. President and Chief Operating Officer Paul Otellini served notice at the company's recent developer conference that the megahertz era was coming to a close, and the decision Thursday to remove the 4GHz Pentium 4 processor from its road map is clear evidence that Intel has once and for all kicked its speed habit, according to industry analysts.ADVERTISEMENTSBC Case Study: Crate & BarrelWhat sold them on improving their network? A system that could cut management costs from the get-go. Find out more.
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Intel&#39;s board has given the go ahead for the long anticipated shift in power from current CEO Craig Barrett to current President Paul Otellini Come May 18, Otellini will take over the chipmaker and become its fifth ever CEO.
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Intel expects a much better performance in the first half of next year, CEO Craig Barrett said Thursday. In October, the bellwether for the technology sector reported a 15 percent rise in third-quarter earnings
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The world&#39;s largest chip maker, Intel, is changing its approach to making faster computer microprocessors. It has dropped plans to release a four gigahertz version of its flagship Pentium 4 chip.
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Intel Corp. chief executive Craig Barrett said Tuesday the company has "recovered" from product missteps that plagued the chip maker during the first half of the year.
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Intel Corp.'s chief executive on Tuesday decried the lack of attention by the presidential nominees to how the United States is losing its competitive edge over other nations on education, technological infrastructure and research and development.
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The Special Master presiding over the discovery of evidence in AMD's antitrust trial against Intel, Vincent Poppiti, today gave Intel five weeks -- until April 10 -- to present a full written account of the custodial process, and the likely failing of that process, under which the company admits potential evidence in that trial was lost.
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Blog: The former head of ATI Technologies, acquired by AMD last year, resigns amid troubled times for the chipmaker.
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Considering the devastating two years Advanced Micro Devices Inc. has endured, investors braced themselves for more bad news in the fourth quarter after rival Intel Corp. disappointed Wall Street with lackluster results.
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In the middle of the Sept. 3 tech wreck on Wall Street, there was at least one upside to chip giant Intel&#39;s (INTC ) lowering of expectations for the current quarter: It made it easier for other tech companies
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Intel Corp  on Tuesday posted quarterly results and an outlook behind Wall Street targets, sending its shares down nearly 15 percent.
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Computer chip giant Intel Corp. delivered the latest sign of a high-tech malaise late Thursday as management lowered the company&#39;s financial projections after concluding businesses and consumers aren&#39;t in a spending mood.
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Gordon Moore, the unassuming  billionaire co-founder of Intel Corp, says the end of the  technology maxim bearing his name is drawing to a close,  perhaps as soon as 10 years from now.