# Intel also named Pushkar Ranade as chief technology officer after serving in the role on an interim basis.

*business · news · 2026-05-06 · Benzinga*

## Key points

- Intel has appointed Pushkar Ranade as chief technology officer for overseeing key technology initiatives.
- Intel stock is trading 47.4% above its 20-day SMA and 174.1% above its 200-day SMA.
- The 20-day SMA is above the 50-day SMA, confirming short-term bullish momentum in Intel.
- Intel is now trading above its prior 52-week high of $110.48, suggesting a new support zone.
- Despite a high RSI at 84.71, analysts remain split, with recent targets rising up to $118.00.

**Companies:** Intel
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/05/52323304/whats-going-on-with-intel-stock-wednesday-6)

---

Canonical: https://newsio.io/n/97237e04-5856-495f-bfd7-d0882cfc9c0c/intel-also-named-pushkar-ranade-as-chief-technology-officer-after-serving-in-the
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works