Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.

Shortly after Intel announced his hiring Wednesday afternoon, new CEO Lip-Bu Tan greeted the chipmaker’s employees on a ...

Intel's newly appointed CEO, Lip-Bu Tan, is the troubled chipmaker's best and last hope to attempt a turnaround as its ...

Intel’s foundry made $17.5 billion in revenue in 2024, a 7% drop from the previous year, while losing $13.4 billion.

NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the ...

Intel's fourth quarter sales fell 7% year over year to $14.3 billion. Net earnings plunged 76%. The company forecasts it will ...

Wall Street is cheering Intel’s choice of new chief executive. If history is any guide, the honeymoon will be brief. Intel’s ...

Intel’s incoming Malaysian-born CEO is the latest Fortune 500 semiconductor exec to hail from Asia. © 2024 Fortune Media IP ...

Intel's (INTC) decision to name Lip-Bu Tan as its new Chief Executive Officer has encouraged many on Wall Street, even if ...

Intel (INTC) just made a major move by naming Lip-Bu Tan as its new permanent CEO, pushing its shares up more than 10%. He will officially take ...

Pat Gelsinger expressed strong support for successor Lip-Bu Tan and the IDM 2.0 strategy, while acknowledging the immense ...

The appointment is effective March 18, 2025. Tan, who stepped down from Intel's board in August, will rejoin the company's ...