Intel pops 14% as chipmaker taps new CEO, Wall Street backs turnaround effort

Intel pops 14% as chipmaker taps new CEO, Wall Street backs turnaround effort

Intel appoints Lip-Bu Tan as CEO.

Courtesy: Intel

Intel shares popped more than 14% after the struggling chipmaker named Lip-Bu Tan its new CEO and Wall Street cheered the turnaround attempt.

Tan previously served as CEO of chip software maker and…

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https://www.cnbc.com/2025/03/13/intel-pops-after-naming-new-ceo-wall-street-backs-turnaround-effort.html