Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as ...

“Under my leadership, Intel will be an engineering-focused company,” Tan said in a statement. “We will push ourselves to ...

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

It took a few months, but Intel has found its next chief executive officer in Lip-Bu Tan, an industry veteran with decades of semiconductor and software experience ...

Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a world-class foundry and delight our customers like never before,” Tan said in a ...

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

Intel just appointed industry veteran Lip-Bu Tan as its new CEO, giving him the challenge of turning around the struggling ...

Semiconductor veteran and former board member Lip-Bu Tan has returned to the company in a time of great need. The path ahead ...