Intel jumps nearly 15% as investors cheer appointment of new CEO Tan
Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO, who left in August over differences about the chipmaker’s direction, after several years of market underperformance.
Long-time Intel executive Pat Gelsinger resigned in December of 2024. Intel was once the world’s largest producer of computer ...
Intel has appointed Lip-Bu Tan as its CEO. The American chipmaker was without a chief executive for three months after Pat ...
Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO.
Intel (NASDAQ:INTC) has been missing a permanent CEO following the abrupt departure of Pat Gelsinger in December, but there is now a new set of hands to steer the ship. Lip-Bu Tan has been appointed ...
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Intel has a new CEOIntel has appointed a new CEO, three months after former CEO Pat Gelsinger was pushed out of the company. The company’s new ...
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