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Intel appoints Lip-Bu Tan

Intel jumps nearly 15% as investors cheer appointment of new CEO Tan

By Aditya Soni (Reuters) -Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO, who left in August over differences about the chipmaker's direction,

Wealth Professional · 7h

Intel appoints new CEO as it struggles to regain ground in AI and semiconductor market

Intel has appointed Lip-Bu Tan as its new chief executive officer, marking a leadership shift as the US chipmaker faces pressure to recover from financial struggles and competition in the artificial intelligence sector. According to CNBC, the company announced the decision on Wednesday, and its stock rose 12 percent in extended trading.

USA TODAY · 1d

New Intel CEO Lip-Bu Tan has history as a successful underdog

Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.

Intel, TSMC

Markets Insider · 1d

Stock of the Day: Intel spikes 5% after proposal for major AI firms to run company's chipmaking foundry

TSMC reportedly approached a handful of US AI chipmakers to potentially operate Intel's foundry in a joint venture.

TechRepublic · 18h

Intel Foundry Shake-Up: TSMC Proposes Shared Takeover with Chip Giants

The Taiwanese chipmaker intends to run operations of Intel’s fab division but does not want to own more than 50% of it and is looking for more than one partner.

Wall Street Journal · 1d

Chip Stocks Rise After Report of TSMC Interest in JV to Run Intel Factories

Shares of chip makers rose after a report indicating Taiwan Semiconductor Manufacturing had proposed a joint venture to operate Intel's factories. TSMC offered the idea to run the operations of Intel's foundry division to Nvidia,

11hon MSN

Adobe's execs are trying to get their investors on the AI hype train with this new little nugget of intel

Equity analysts from Jefferies said in a report published on Sunday that chief information officers they surveyed expect ...

21hon MSN

As Intel welcomes a new CEO, a look at where the company stands

When Pat Gelsinger tool the helm at Intel in 2021, the company was already in rough shape. Here's what Intel's new CEO is ...

How Much Data Center Revenue Do AI Companies Bring In?

Nvidia leads in AI data center revenue, tripling its competitors' combined earnings in Q4 2024. AMD's data center revenue grew 94% in 2024, driven by Instinct GPUs and EPYC CPUs. Intel and IBM face ...

Daily Digest: Salesforce's latest AI win; Nintendo's Union Square arrival

Nintendo is opening at Union Square, Meta is mad about a book and Wells Fargo is suing JPMorgan Chase. And there's plenty ...

The Acer Swift Go 14 AI puts artificial intelligence front and center, but is it effective?

AI also powers the Swift Go 14 AI’s proximity sensor, telling itself to secure its screen if it detects you’re no longer at ...

8hon MSN

Intel’s incoming Malaysian-born CEO is the latest Fortune 500 semiconductor exec to hail from Asia

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 ...

Supermicro Taps Intel Chips To Power Real-Time AI At The Edge, Eyes Growth In IoT And Healthcare

Supermicro introduces efficient, compact systems optimized for edge and embedded workloads, powered by Intel Xeon 6 SoC ...

DIGITIMES1d

Altera embraces independence from Intel, shifts focus to edge AI

At Embedded World 2025, Altera CEO Sandra Rivera spoke during a keynote Q&A about the company's transition and future plans ...

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