Intel’s stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.
With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.
Intel stock soars as chipmaker names new chief executive
Intel names former Cadence boss Lip-Bu Tan as its new CEO. Here's what Tan is tasked with in the top role at Intel Corp.
Intel names chip industry veteran to CEO job
Intel Corp. named Lip-Bu Tan as its next CEO, entrusting a former board member and semiconductor veteran with one of the toughest jobs in the chip industry. Tan, 65, will assume the role on Tuesday, March 18, the California-based company said in a statement Wednesday, March 12. He will rejoin the board as well after stepping down in August 2024.
Analysts love Intel’s CEO choice — but not enough to recommend buying the stock
Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business require major fixes.
Intel Appoints Lip-Bu Tan as Chief Executive Officer
Intel Corporation has announced that its board of directors has appointed Lip-Bu Tan as chief executive officer, effective March 18.
Intel's New CEO Lip-Bu Tan Has a History as a Successful Underdog
Lip-Bu Tan may be one of the most powerful technology executives you've never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his performance will be on full display.
Intel Rallies After Naming Chip Veteran Lip-Bu Tan as CEO
Shares of Intel Corp. jumped 15% after the company named Lip-Bu Tan as its next chief executive officer, entrusting a former board member and semiconductor veteran with one of the toughest jobs in the chip industry.
INTC stock price surges over 15%: Could new Intel CEO Lip-Bu Tan turn the struggling chipmaker’s fortunes?
Tan will have his work cut out for him, as Intel has lost much of its market share after missing the AI boom. Shares of Intel Corporation (NASDAQ:INTC) surged more than 15% on Thursday as Wall Street welcomed the chipmaker’s appointment Wednesday of new CEO Lip-Bu Tan,
Five Things to Know About Lip-Bu Tan, Intel’s Next CEO
A veteran of the semiconductor industry, Lip-Bu Tan has an even longer track record as a technology investor, particularly in Chinese companies.
How will Ohio's next governor handle Intel delays? Yost, Ramaswamy and Acton weigh in
Candidates for governor in Ohio weighed in on the latest delays to Intel's semiconductor factories in New Alabany.
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Intel appoints new CEO
Intel Corporation, the tech giant that supplies chips for most manufacturers of computer systems, has appointed Lip-Bu Tan as ...
Intel’s stock is climbing. Here’s the latest hope for a rescue.
Reuters reports that TSMC has approached Nvidia, Broadcom and others about a joint venture that would run Intel’s factories.
Intel appoints new CEO who expresses faith in its manufacturing future
The interim leaders "brought the discipline and focus needed to improve our execution, stabilize our performance and position our company for the future," Intel Chairman Frank Yeary said in a public ...
Intel names new CEO to help reverse chipmaker’s struggles
The appointment of Lip-Bu Tan, 65, a prominent tech leader, follows a tumultuous period for the semiconductor giant that saw ...
Intel (INTC) Faces AI-Driven Market Shift Amid CPU Supply Concerns
According to the report, companies must discover their true differentiators and use AI to augment them further. For instance, ...
Intel's Back On The Market: Market Cap Of $87.42B Is Too Low -- Upgrading To Buy
Intel Corporation upgraded to Buy after a 25% dip. Explore its takeover potential, PC expansion prospects, and strategic ...
Intel’s New CEO Michelle Holthaus to Earn $1 Million Base Salary in 2025
Intel Corporation has announced that its newly appointed CEO, Michelle Johnston Holthaus, will receive a base salary of $1 million as part of her compensation package. The details of her pay structure ...