Lip Bu Tan Intel CEO Appointment Fuels Turnaround Hopes as Stock Surges 12%
Yesterday, Intel announced that its board of directors has appointed Lip-Bu Tab, an accomplished semiconductor technology leader, as its CEO. According to the company, he will be effective on March 18, 2025. The step is taken at the peak time when the American chipmaking icon is passing through one of its blackest periods. Over the…