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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Intel Stock Jumps 12% as Lip-Bu Tan Named CEO, Replacing Ousted Pat Gelsinger
Intel has appointed Lip-Bu Tan as its CEO. The American chipmaker was without a chief executive for three months after Pat ...
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 ...
Intel Jumps 10% as Incoming CEO Tan Brings 'Instant Credibility' to Turnaround Efforts
The stock jumped 10% in premarket trading, a day after the 65-year-old industry veteran was tasked with steering the company, ...
Intel is still using TSMC for 30% of its wafer demands: 'We were talking about trying to get that to zero as quickly as possible. That's no longer the strategy'
Intel's foundry business never seems far from the headlines these days, not least because various ex-executives continue to ...
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 ...