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Intel shares popped more than 11% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker’s attempt ...

Intel stock jumped more than 16% after announcing that tech executive and former board member Lip-Bu Tan will be the ...

Intel Corporation on Wednesday announced the appointment of Lip-Bu Tan as chief executive officer, effective March 18.

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Intel Corporation (NASDAQ:INTC) said Wednesday it appointed Lip-Bu Tan as its chief executive officer starting Mar. 18. The chipmaker's shares surged more than 15% Thursday on the news.