“Intel pops 13% as chipmaker taps new CEO, Wall Street backs turnaround effort”
March 13, 2025
“Intel shares popped more than 13% after announcing Lip-Bu Tan as its new CEO.
Wall Street cheered the chipmaker’s attempt to revitalize its business, calling the move a positive for the company.
The news brings an end to a tumultuous period for the embattled American chipmaker that’s shed billions in market value…”