Intel’s new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company. The semiconductor giant’s new executive is considering sweeping changes for the company’s chip manufacturing and AI strategies, a…
Shares of Intel Corporation (NASDAQ:INTC) rose over 8% in early morning trading on Monday on news that incoming CEO Lip-Bu Tan has big plans to turn around the ailing chipmaker, including restructuring the company’s approach to AI, resurrecting …
After Friday’s recovery rally, the markets remain cautiously optimistic and are mostly extending gains right out of the gate. All three of the major stock market averages, including the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 came out of the gate with gains. The Nasdaq Composite has since turned modestly lower. The S&P […]
The post Live Nasdaq Composite: INTC Climbs 7 Percent, PEP’s Merger Monday appeared first on 24/7 Wall St..
Lip-Bu Tan will purchase about $25 million in stock shortly after taking over as CEO, giving him immediate financial alignment with the moves he makes at Intel.
Welcome back to Week in Review! I’m Karyne Levy, TechCrunch’s deputy managing editor, and I’ll be writing this newsletter from here on out. Thrilled to be here! This week we’re checking out everything at SXSW; Waymo’s expa…
Intel (INTC) concluded the recent trading session at $24.05, signifying a +1.48% move from its prior day’s close.
Some JPMorgan employees awaiting details on RTO enforcement have received some clues from an internal document leak.
No one is expecting a miracle overnight. But investors and analysts are applauding the possibilities brought about by new Intel CEO Lip-Bu Tan.
Shares of Intel Corporation (NASDAQ:INTC) surged over 15% on Thursday as Wall Street welcomed the chipmaker’s appointment on Wednesday of new CEO Lip-Bu Tan, just three months after the company ousted former CEO Pat Gelsinger.
A widely respec…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. : Intel (NASDAQ: INTC) has postponed its $2.9 billion Ohio manufacturing plant project, raising concerns about its ability to expand production and compete in the AI-driven chip market. Hopes for […]
The post Intel (INTC) May Be The Most Accident Prone Company In The Universe appeared first on 24/7 Wall St..
Wall Street responded positively to the appointment of Lip-Bu Tan as Intel’s new chief executive officer. But Intel stock faces a rocky road ahead.
The post Intel Stock Rises On New CEO, But Rough Road Ahead appeared first on Investor's Business D…
Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around a once-dominant company that helped define Silicon Valley.Tan, 65, will take over th…
Another day, another market sell-off. The markets are fearful amid President Trump’s threat of yet more tariffs and the possibility of an economic recession looming. Renewed inflation fears after wholesale inflation prices stayed flat in February aren’t helping. Out of the gate, all three of the major stock market indices are trading in the red, […]
The post Live Nasdaq Composite: INTC Soars, Markets Retreat appeared first on 24/7 Wall St..
Intel’s recent rally has stalled amid the broader market decline and questions over its longer-term turnaround.
The company expects to double its AI annual recurring revenue by the end of the financial year.
Lip-Bu Tan, who was born in Malaysia and went to university in Singapore, will take over as Intel’s CEO on March 18. The news sent shares up over 10%.
Whether AMD can seize some of Nvidia’s estimated 90% market share may come down to the approaches of two Taiwanese-born, distantly-related CEOs.
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