As Intel welcomes a new CEO, a look at where the company stands
When Pat Gelsinger tool the helm at Intel in 2021, the company was already in rough shape. Here's what Intel's new CEO is walking into.
Intel appoints former board member as new CEO
Lip-Bu Tan, who resigned from Intel's board of directors last summer, is now the troubled chipmaker's chief executive officer.
Intel jumps nearly 15% as investors cheer appointment of new CEO Tan
(Reuters) -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,
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 message to Intel employees. "The business is in a better position today than it was three months ago."
Intel Appoints Lip-Bu Tan As CEO
Intel appoints Lip-Bu Tan as its new CEO on Wednesday. TakeAway Points: Intel announced Lip-Bu Tan as its new CEO on Wednesday. Prior to this, Tan served as the CEO of Cadence Design Systems, a software company that supplies all of the major chip designers,
Intel Names Lip-Bu Tan Its New CEO, Sending the Chipmaker's Stock Soaring
Intel ( INTC) named Lip-Bu Tan its new CEO, sending the chipmaker's stock higher in after-hours trading Wednesday. Tan, who is set to take the helm of Intel as of next Tuesday, is the former CEO of Cadence Design Systems ( CDNS ), a semiconductor software company that counts Intel among its partners.
New Intel chief cheered by investors after board sought alternatives
Intel’s decision to hire a little-known semiconductor dealmaker as its chief executive has cheered investors who want an outsider to turn around the troubled chipmaker. The US group announced on Wednesday that Lip-Bu Tan,
Intel's new CEO tasked with turning around chip giant
Intel on Wednesday announced a new CEO, Lip-Bu Tan, will be taking the helm of the chipmaker. He is slated to assume the top job at Intel on Tuesday.
Intel bets new CEO can achieve what Pat Gelsinger failed
Long-time Intel executive Pat Gelsinger resigned in December of 2024. Intel was once the world’s largest producer of computer ...
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'Disrupt and Leapfrog': Intel's New CEO Charts a (Risky) Comeback Strategy
Intel's new CEO, Lip-Bu Tan, indicates he wants the company to remain in the expensive foundry business, rather than spin it ...
Intel names Lip-Bu Tan as new CEO
March 13 (UPI) -- Intel appointed Lip-Bu Tan as its CEO following the retirement of former CEO Pat Gelsinger in late 2024.
Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker's only shot
Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO.
Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%
Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
Investors, observers react to new Intel CEO Lip-Bu Tan
Incoming Intel CEO Lip-Bu Tan faces the challenge of turning around the chipmaker, which employs 20,000 workers in the ...
Turnaround plans: Is help on the way for an Intel comeback?
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 CEO
Intel has appointed a new CEO, three months after former CEO Pat Gelsinger was pushed out of the company. The company’s new ...