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Intel shares soared 10% in extended trading Wednesday after the beleaguered chipmaker named former board member and chip industry veteran Lip-Bu Tan as its new CEO. Monitor these crucial chart levels.
With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.
Intel is focused on improving Intel Products, even if it means moving away from Intel Foundry and toward its former rival, TSMC. Foundry isn’t giving up on focus on manufacturing improvements, such as ...
Mr. Tan retains an active role in many small and midsize tech hardware companies. He was named executive chairman last May of ...
Tan succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus. He’ll also rejoin the Intel board of directors ...