Intel shares popped more than 11% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker’s attempt ...
Incoming Intel CEO Lip-Bu Tan brings "instant credibility" that should help restore investor confidence and support the ...
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Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO.
Cadence Design Systems (CDNS) closed the most recent trading day at $234.25, moving +0.12% from the previous trading session.
Can Intel's (INTC) new CEO Lip-Bu Tan turn around the beleaguered chipmaker? Seeking Alpha analysts weigh in. Read more here.
“We believe (Intel) has a greater opportunity to restructure/turn things around under his leadership,” Bank of America’s ...
Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a world-class foundry and delight our customers like never before,” Tan said in a ...
Shares of Cadence Design Systems Inc. CDNS slipped 3.80% to $233.96 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 2.70% to ...
Lip-Bu Tan will officially step into the CEO role on March 18, and the tech industry veteran will have his work cut out for him. Intel is facing tough competition in the chip design space, with the ...
Intel’s previous CEO, Pat Gelsinger, abruptly retired last year amid a deepening downturn that triggered massive layoffs.