Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%
Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
Intel Shares Jump After Naming Chip Industry Veteran Tan as CEO
Intel Corp. shares jumped about 10% in premarket trading on Thursday after it named Lip-Bu Tan as its next chief executive officer, entrusting a former board member and semiconductor veteran with one ...