Intel’s new CEO brings ‘immediate credibility’ on Wall Street but warns employees of more ‘hard decisions’
“We believe (Intel) has a greater opportunity to restructure/turn things around under his leadership,” Bank of America’s Vivek Arya told clients in a note Thursday. Arya raised his rating on Intel’s stock to “neutral” from “underperform,” saying Tan brings deep expertise and connections throughout the interconnected semiconductor marketplace.
Long-time Intel executive Pat Gelsinger resigned in December of 2024. Intel was once the world’s largest producer of computer ...
Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business both require ...
Bu Tan is signaling that he’ll stick with his predecessor’s plan to make chips for other companies, even as he vows to learn ...
Wall Street is cheering Intel’s choice of new chief executive. If history is any guide, the honeymoon will be brief. Intel’s ...
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Lip-Bu Tan, who was born in Malaysia and went to university in Singapore, will take over as Intel's CEO on March 18. The news ...
Whether AMD can seize some of Nvidia's estimated 90% market share may come down to the approaches of two Taiwanese-born, ...
Roth MKM keeps a Neutral rating and $20 price target on Intel (INTC). The company’s hiring of tech industry veteran Lip-Bu Tan as new CEO will ...
Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO and signaled the struggling but ...
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