Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.
Asian markets have shrugged off another decline on Wall Street, with markets in China advancing after banks and other ...
NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the ...
NEW YORK (AP) — The U.S. stock market is drifting lower Thursday, even after getting a double-shot of encouraging news on the ...
Intel’s foundry made $17.5 billion in revenue in 2024, a 7% drop from the previous year, while losing $13.4 billion.
Intel shares popped more than 11% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker’s attempt ...
Intel's (INTC) decision to name Lip-Bu Tan as its new Chief Executive Officer has encouraged many on Wall Street, even if ...
“We believe (Intel) has a greater opportunity to restructure/turn things around under his leadership,” Bank of America’s ...
Wall Street analysts see Lip-Bu Tan's appointment as Intel's CEO as good news, but Intel employees are preparing for a major ...
Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO.
The appointment is effective March 18, 2025. Tan, who stepped down from Intel's board in August, will rejoin the company's ...
Intel’s (INTC) new CEO Lip-Bu Tan brings two decades of semiconductor industry experience and relationships across the sector, but also comes ...