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.

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

Bu Tan as its new boss.

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'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 ...

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