Intel sinks as euphoria surrounding new CEO, foundry tie-up, fade (INTC:NASDAQ)

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Intel sinks as euphoria surrounding new CEO, foundry tie-up, fade (INTC:NASDAQ)

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Intel (NASDAQ:INTC) shares fell 6% on Wednesday, as euphoria surrounding its new CEO, Lip-Bu Tan and the prospect of a foundry tie-up with Taiwan Semiconductor (NYSE:TSM), faded.

Tan was announced as the permanent leader of Intel on March…

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https://seekingalpha.com/news/4422288-intel-sinks-as-euphoria-surrounding-new-ceo-foundry-tie-up-fade

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