Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker’s only shot

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Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker’s only shot

A C-suite long in the making at Intel (INTC).

Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO.

Tan was the longtime CEO of Cadence Design Systems (CDNS) from 2009…

Article Source
https://finance.yahoo.com/news/wall-street-says-new-intel-ceo-lip-bu-tan-is-the-chipmakers-only-shot-124023969.html

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