Intel’s stock plunged 60% in 2024 and the company ousted its CEO. That has left new CEO Lip-Bu Tan facing significant challenges, including how to fix the chip giant’s business. WSJ explains.
Former board member Lip-Bu Tan is returning to overhaul the chip maker.
“Under my leadership, Intel will be an engineering-focused company,” Tan said in a statement. “We will push ourselves to ...