Intel Is Back, GameStop Divergence, Exclusive: Adobe CEO, Breaking Testimony Released from Tech CEOs Ahead of Hearing

Published: March 24, 2021, 2:11 p.m.

b'David Faber and Jim Cramer get straight to the big movers of the morning. Shares of Intel higher after the company announced it\\u2019s spending $20 billion to build two major chip plants in Arizona. The company\\u2019s new CEO, Pat Gelsinger, saying \\u201cIntel is back. The old Intel is now the new Intel.\\u201d Gelsinger also announcing a shift in strategy, a new division called Intel Foundry Services that taps into one of the biggest trends in the world of semis. Plus, shares of GameStop getting pummeled after reporting results, missing analyst expectations. The company didn\\u2019t address the Reddit-fueled trading frenzy on its call, and skipped Q&A all together. The CEO of Adobe, Shantanu Narayen, joining David and Jim exclusively to discuss the company\\u2019s latest quarter, NFTs and a lot more. Plus, testimony released from Tech CEOs Dorsey, Zuckerberg, and Pichai ahead of tomorrow\\u2019s hearing on social media misinformation.'