Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.

Bu Tan as its new boss.

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

Wall Street analysts see Lip-Bu Tan's appointment as Intel's CEO as good news, but Intel employees are preparing for a major ...

The appointment is effective March 18, 2025. Tan, who stepped down from Intel's board in August, will rejoin the company's ...

Intel shares popped more than 11% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker’s attempt ...

Shortly after Intel announced his hiring Wednesday afternoon, new CEO Lip-Bu Tan greeted the chipmaker’s employees on a ...

Asian markets have shrugged off another decline on Wall Street, with markets in China advancing after banks and other ...

Intel's stock is up 16.1% in Thursday morning action, flirting with its biggest daily gain since exactly five years ago, when it rose 19.5%, according to Dow Jones Market Data. That's as Wall Street ...

NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the ...

NEW YORK (AP) — The U.S. stock market is drifting lower Thursday, even after getting a double-shot of encouraging news on the ...