TLDR
- Lip-Bu Tan appointed as Intel’s new CEO, with stock jumping 13% in premarket trading
- Tan previously led Cadence Design Systems and served on Intel’s board before leaving in 2024
- Intel faces steep competition from TSMC in…
Article Source
https://coincentral.com/intel-intc-stock-wall-street-bets-on-turnaround-expert-to-save-faltering-giant/