Intel is facing a class action lawsuit for allegedly hiding financial problems with its chip-making foundry business, causing its share price to plummet. CEO Pat Gelsinger and CFO David Zinsner are named as defendants. The case highlights the challenges tech companies face in meeting investor expectations and maintaining transparency. What steps do you think Intel should take to restore investor confidence and address these allegations?
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Intel’s shareholders are suing the firm, alleging “fraudulent scheme”
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