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

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 conference call promising a “new Intel” focused on pleasing customers and ...

Former Intel CEO Pat Gelsinger is taking another new role: partner of a venture capital firm. Palo Alto, California-based ...

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

Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO. Tan was the longtime CEO of Cadence Design Systems (CDNS) from 2009 to ...

Wall Street is cheering Intel’s choice of new chief executive. If history is any guide, the honeymoon will be brief. Intel’s shares jumped 16% early Thursday following the appointment of Lip-Bu Tan. T ...

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 ...

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

The Nasdaq Composite ( ^IXIC 0.46%) has spent much of March more than 10% off its all-time high, which put the index in ...

On Wall Street, Intel climbed 6.8% to extend its gains after the chip company named former board member and semiconductor ...

Intel's fourth quarter sales fell 7% year over year to $14.3 billion. Net earnings plunged 76%. The company forecasts it will only break even on the profit line this year. Here's what Wall Street ...