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The Latest Breaking News from LipBu Tan

Stock Market Today: Dow Sinks 537 Points On Tariff Threats As S&P 500 Corrects; Gold Miners Jump, Meta Triggers Sell Rule (Live Coverage)

The Nasdaq and other indexes got pounded in the stock market today even though U.S. wholesale prices flattened in February. Meta stayed weak. Home Depot slumped while gold miners advanced.

Investors Business Daily

Intel appoints industry veteran as new CEO to right the ship of the chipmaker

Intel just appointed industry veteran Lip-Bu Tan as its new CEO, giving him the challenge of turning around the struggling chipmaker. Tan, a former Intel board member and longtime semiconductor leader, replaces Pat Gelsinger after his sudden departure.

Windows Central

Intel Stock Surges on New CEO – The Real Story Runs Deeper

Intel stock rallies by over 11% on news of a newly appointed CEO, but the optimism goes well beyond this announcement, according to fundamentals.

MarketBeat

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Intel reveals its new CEO

Intel has gained a new CEO three months after Pat Gelsinger announced he’d be leaving – Lip-Bu Tan to take post.

TechRadar

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 sent shares up over 10%.

Fortune

Struggling Intel Names Industry Veteran Lip-Bu Tan As CEO

Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race.

International Business Times

Intel found someone brave enough to be its new CEO—but is Lip-Bu Tan a change maker or more of the same?

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.

Fortune

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Intel Stock Rallies As Chip Giant Names New CEO

Intel stock rallied late Wednesday after the chip giant named Lip-Bu Tan as its new CEO.

Investors Business Daily

Here comes Intel's new CEO: a semiconductor veteran that won the same prestigious award as Jensen Huang and Lisa Su

Lip-Bu Tan has a degree in physics, a masters in nuclear engineering, and won the semiconductor industry's top award, the Robert N. Noyce award.

PC Gamer

Intel appoints Lip-Bu Tan as permanent CEO

Industry veteran Lip-Bu Tan becomes Intel's permanent CEO, rejoins the company's board-of-directors.

Tom’s Hardware

Dow Jones Futures Fall After Nasdaq Rally Dominated By Tesla, Nvidia, Palantir

The stock market rebounded Wednesday on tame CPI inflation data, with hard-hit Tesla, Nvidia and Palantir dominating gains.

Investors Business Daily

Intel's next CEO could be Lip-Bu Tan, a former member of the board who reportedly clashed with Gelsinger about strategy

Intel begins to shortlist potential candidates to the CEO position.

Tom’s Hardware

Intel's New CEO Change Unlikely To Help Gain Traction Versus Taiwan Semi And Nvidia: Analysts

Intel Corp (NASDAQ: INTC) narrows search for new CEO, ex-board member Lip-Bu Tan a potential candidate. Struggling chipmaker's stock down 52% YTD.

Benzinga

Intel CEO will reportedly present plans to cut assets at an emergency board meeting — chipmaker may put $32B Magdeburg plant on hold and sell off Altera

Intel CEO Pat Gelsinger is expected to meet with the board of executives this month to share potential plans on what to cut from Intel to turn around the company. Intel's Foundry wing will not be on the chopping block, but Intel's in-progress Magdeburg fab will likely be canceled.

Tom’s Hardware

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news in one place.

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International Business Times

Intel CEO Wants To Slim Down Company, Cut Costs: Report

Pat Gelsinger will pitch the plan to the board of directors in the wake of last month's $1.6 billion quarterly loss, a source told Reuters.

Tom’s Hardware

High-tech industry legend leaves Intel board — Intel's stock dropped 6% since the announcement

High-tech businessman Lip-Bu Tan leaves Intel board of directors amid incoming massive layoffs.

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Michelle Johnston Holthaus

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