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.

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

Intel shares popped more than 16% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker's attempt ...

Wall Street is cheering Intel’s choice of new chief executive. If history is any guide, the honeymoon will be brief. Intel’s ...

Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business require major ...

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

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 ...

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

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

Intel shares popped more than 14% after the struggling chipmaker named Lip-Bu Tan its new CEO and Wall Street cheered the ...