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 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 ...

Bu Tan as its new boss.

Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO.

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

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 14.6% by Thursday's close following the appointment ...

Wall Street analysts see Lip-Bu Tan's appointment as Intel's CEO as good news, but Intel employees are preparing for a major ...

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