Intel’s new CEO brings ‘immediate credibility’ on Wall Street but warns employees of more ‘hard decisions’
“We believe (Intel) has a greater opportunity to restructure/turn things around under his leadership,” Bank of America’s Vivek Arya told clients in a note Thursday. Arya raised his rating on Intel’s stock to “neutral” from “underperform,” saying Tan brings deep expertise and connections throughout the interconnected semiconductor marketplace.
Who is Intel’s New CEO? 5 Key Things to Know About Lip-Bu Tan
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 letter to Intel employees on Wednesday.
Wall Street is cheering Intel’s choice of new chief executive. If history is any guide, the honeymoon will be brief. Intel’s ...
Intel has a new boss. The new chief executive officer is Lip-Bu Tan, a former Intel board of directors member and chip ...
Intel just appointed industry veteran Lip-Bu Tan as its new CEO, giving him the challenge of turning around the struggling ...
This was the stock's second consecutive day of gains.
Can Intel's (INTC) new CEO Lip-Bu Tan turn around the beleaguered chipmaker? Seeking Alpha analysts weigh in. Read more here.
We recently compiled a list of the 10 Stocks With At Least $20 Million In Insider Sales Recently. In this article, we are ...
Loop Capital notes that Intel’s (INTC) appointment of Lip-Bu Tan as CEO – the former CEO of Cadence Design (CDNS), where he turned the company ...
The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share. Adobe Stock Slides Despite Earnings Beat. The CFO Is Confident About AI. Adobe posted ...
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