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.
Lip-Bu Tan may be one of the most powerful technology executives you've never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his ...
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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 to turn around its business.
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Lip-Bu Tan is tasked with reviving the iconic American firm's fortunes, as it struggles with falling sales and a failure to crack the AI market.
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Intel Corporation on Wednesday announced the appointment of Lip-Bu Tan as chief executive officer, effective March 18.
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