Struggling chipmaker Intel sees shares jump 12% as it names new CEO to end 3-month suspense

Struggling chipmaker Intel sees shares jump 12% as it names new CEO to end 3-month suspense

Struggling chipmaker Intel has appointed former board member and semiconductor expert Lip-Bu Tan as its new CEO. Following the announcement, Intel’s shares surged by 12 per cent.

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Struggling chipmaker Intel, once a leader in the…

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https://www.firstpost.com/tech/struggling-chipmaker-intel-sees-shares-jump-12-as-it-names-new-ceo-to-end-3-month-suspense-13871169.html