Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO.
“We believe (Intel) has a greater opportunity to restructure/turn things around under his leadership,” Bank of America’s ...
Intel's stock is up 16.1% in Thursday morning action, flirting with its biggest daily gain since exactly five years ago, when it rose 19.5%, according to Dow Jones Market Data. That's as Wall Street ...
Long-time Intel executive Pat Gelsinger resigned in December of 2024. Intel was once the world’s largest producer of computer ...
Intel’s previous CEO, Pat Gelsinger, abruptly retired last year amid a deepening downturn that triggered massive layoffs.
Intel has posted several quarters of market share losses in data centers and PCs, as well as billion-dollar losses in its ...
Intel just appointed a new CEO who aims to help "restore Intel's position as a world-class products company, establish ...
Tan's predecessor, Pat Gelsinger, was forced out as Intel chief in December after the board lost confidence in his plans to ...
After three months of meticulous search, Intel has finally appointed Lip-Bu Tan as its new CEO, a former board member who ...
NEW YORK (AP) — The U.S. stock market is falling Thursday, even after getting a double-shot of encouraging news on the economy. President Donald Trump keeps upping the stakes in his trade war, with ...
Shares of Intel surged on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO, who ...