Pat Gelsinger Steps Down As Intel CEO, Black Friday Boost, Trump Throws BRICs on Tariffs 12/2/24

On the first trading day of December, Carl Quintanilla, Jim Cramer and David Faber led off the show with big news in the world of tech: Intel announced that CEO Pat Gelsinger is retiring. The anchors assessed his nearly four-year tenure, during which shares of the chipmaker lost 60% of their value. Flashback: Hear what Gelsinger told Jim on CNBC in 2021, just months after becoming Intel CEO. Also in focus: Black Friday $11 billion online bonanza. President-elect Trump sends BRIC nations a 100% tariff threat, the CEO of Jeep maker Stellantis steps down , Disney's "Moana 2" leads the Thanksgiving weekend box office surge, all things Elon Musk -- from his lawsuit against OpenAI to what his rivals fear most about him. Squawk on the Street Disclaimer