Tan is the Goldilocks CEO pick. He checks all the boxes to make everyone happy. Whether that’s what Intel actually needs is the question.
Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan to be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board, with Intel CFO David Zinsner and executive vice president of c…
The semiconductor pioneer appointed Lip-Bu Tan, a well-known tech investor and executive, as its new leader.
Intel stock rallied late Wednesday after the chip giant named Lip-Bu Tan as its new CEO.
The post Intel Stock Rallies As Chip Giant Names New CEO appeared first on Investor's Business Daily.
With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.
Intel has appointed Lip-Bu Tan, a major figure in the semiconductor industry, as CEO, the company announced late Wednesday. Tan succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus. He’ll also rejoin the Intel board of directors …
https://ir.stockpr.com/intc/news/detail/1730 SANTA CLARA, Calif.–(BUSINESS WIRE)– Intel Corporation (Nasdaq: INTC) today announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industr…
Shares of Intel (NASDAQ:INTC) are up 4% heading into midday trading Wednesday on reports that the world’s leading contract chipmaker, Taiwan Semiconductor Manufacturing (NYSE:TSM), has proposed a groundbreaking joint venture with U.S. chip giants Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), and Broadcom (NASDAQ:AVGO) to buy and operate Intel’s struggling foundry business. This pitch also reportedly […]
The post The Semiconductor Big Dogs Are Eyeing Intel’s Foundry Business, Sending Shares Higher appeared first on 24/7 Wall St..
TSMC (2330.TW), has pitched U.S. chip designers Nvidia (NVDA.O),, Advanced Micro Devices (AMD.O), and Broadcom (AVGO.O), about taking stakes in a joint venture that would operate Intel's (INTC.O), factories, according to four sources familiar with …
TSMC has pitched U.S. chip designers Nvidia, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel's factories, according to four sources familiar with the matter. https://www.reuters.com/technology/tsm…
Investors appear to be now be discounting recent M&A speculation that Intel will split in two.
The road ahead for Intel is bumpy and strewn with daunting challenges, and how it navigates these roadblocks in the coming days remains to be seen.
In the closing of the recent trading day, Intel (INTC) stood at $20.75, denoting a -0.29% change from the preceding trading day.
Intel is viewed as “being left on the side of the road” by the Trump administration.
The Stock Market News is a financial news aggregator for traders and investors that proposes to you the latest breaking news headlines on global financial markets, economy and business. Live qoute and chart technical analysis, opinion, price forecast on current stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs, funds, bonds and more. Disclaimer: by using any material of this website, you acknowledge and agree that TheStockMarketNews.com is not responsible for the content, actions or any legal issues arising from third-party websites; materials of this website are not financial advice or call to actions. Trading and investing in financial instruments involve high risks including the risk of investment loss.