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

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

Bu Tan as its new boss.

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 ...

Intel's fourth quarter sales fell 7% year over year to $14.3 billion. Net earnings plunged 76%. The company forecasts it will only break even on the profit line this year. Here's what Wall Street ...

Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround. Bank of America and Deutsche Bank analysts highlighted the former ...