Intel, Wall Street

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.
Wall Street Analysts Back Intel’s (INTC) New CEO Lip-Bu Tan on Turnaround Hopes
Intel (INTC) just made a major move by naming Lip-Bu Tan as its new permanent CEO, pushing its shares up more than 10%. He will officially take
Intel pops 13% as chipmaker taps new CEO, Wall Street backs turnaround effort
Intel shares popped more than 11% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker's attempt to turn around its business.
Why Intel’s New CEO Has Wall Street Excited
Key Takeaways Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround. Bank of America and Deutsche Bank analysts highlighted the former Cadence Design Systems CEO's strong track record and experience in the semiconductor industry.
Intel’s New CEO Thrills Wall Street. There’s Still a Lot of Work Ahead.
Intel’s foundry made $17.5 billion in revenue in 2024, a 7% drop from the previous year, while losing $13.4 billion.
Intel Stock Rises On New CEO, But Rough Road Ahead
Wall Street responded positively to the appointment of Lip-Bu Tan as Intel's new chief executive officer. But Intel stock faces a rocky road ahead.
Investors, observers react to new Intel CEO Lip-Bu Tan
Incoming Intel CEO Lip-Bu Tan faces the challenge of turning around the chipmaker, which employs 20,000 workers in the ...
Oregon’s semiconductor industry regroups amid job losses, falling sales and political setbacks
Oregon chipmakers seemed to have the wind at their back when Commerce Secretary Gina Raimondo toured a science education lab ...
Intel CEO Signals That He’ll Stick With Contentious Foundry Plan
Incoming Intel Corp. Chief Executive Officer Lip-Bu Tan is signaling that he’ll stick with his predecessor’s plan to make ...
Intel appoints new CEO who expresses faith in its manufacturing future
The interim leaders "brought the discipline and focus needed to improve our execution, stabilize our performance and position our company for the future," Intel Chairman Frank Yeary said in a public ...
Intel appoints chip industry veteran Lip-Bu Tan as CEO
Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO. Intel is Oregon's largest ...
Jevon Holland sought New York Giants intel from Xavier McKinney
The New York Giants signed safety Jevon Holland in free agency after he received guidance from Xavier McKinney and Kayvon Thibodeaux.
Intel pushes back Ohio chip plant opening to 2030, citing market conditions
The first phase of the facility, known as Mod 1, should be finished in 2030, with chip production beginning between 2030 and ...
Cincinnati Enquirer on MSN13d
Intel's $28 billion Ohio chip factory in New Albany delayed to 2030 or 2031
Intel has already started hiring Ohioans and training them at pre-existing company facilities in Arizona, New Mexico and ...
Cleveland.com13d
Intel delays opening of central Ohio chip manufacturing plant to 2030
Gov. Mike DeWine and Intel announced the construction of a new “mega-fab” chip factory in January 2022, calling it the ...
Columbus Dispatch13d
Intel delays $28 billion Ohio chip factory in New Albany again, to 2030 or 2031
Intel has already started hiring Ohioans and training them at pre-existing company facilities in Arizona, New Mexico and Oregon. And local colleges and school districts have begun retooling ...
Inside the Mind of Intel’s New CEO: ‘Disrupt and Leapfrog’
Semiconductor veteran and former board member Lip-Bu Tan has returned to the company in a time of great need. The path ahead ...