Intel slides to one-month low amid search for new CEO
** Shares of Intel INTC.O down 5.9% at $22.53 on Tues, lowest since Nov 5, a day after embattled chipmaker ousted CEO Pat Gelsinger after less than four years in the role
** INTC shares on course for biggest one-day pct loss since Sept 3, when they declined 8.8%
** Intel's CEO-shortlist candidates include former board member Lip-Bu Tan, sources familiar with the matter told Reuters
** This as Gelsinger's removal raises doubts whether his ambitious revival plan is still on track, while some Wall Street analysts view Intel's story set for a downward spiral
** Avg rating among 46 analysts is "hold" with $25 median PT, per LSEG data
** With move on the session, INTC shares down 55% YTD vs Philadelphia semiconductor index's .SOX 20% gain
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
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