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Powered by Third Point has a nearly $1 billion stake in Intel, according to sources familiar with the matter. Intel shares rose as much as 6.1% on the news Tuesday, giving the company a market value of more than $200 billion. According to the letter reviewed by FOX Business, Loeb wrote that the company s most urgent task was to address its “human capital management issue”, noting that many of its talented chip designers and leaders have fled the company, and that those who remain are becoming “increasingly demoralized by the status quo”. Loeb also argued that Intel has lost its pole position in microprocessor manufacturing to Taiwan s Semiconductor Manufacturing Co. and South Korea s Samsung Electronics Co. Ltd.

United statesDan loebDisneyceo bob chapekIntel corporationAdvanced micro devicesThird pointTaiwan semiconductor manufacturing coKorea samsung electronics coApple incSemiconductor manufacturingSouth koreaSamsung electronicsEast asiaFederal trade commissionஒன்றுபட்டது மாநிலங்களில்டான் லோப்