Intel's latest CEO Lip Bu Tan
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Lip-Bu Tan wants to turn the fortunes of the chip-making behemoth around, and promises a startup-flavored transformation.
Two weeks is admittedly not a lot of time in a new job. But time isn’t really on Lip-Bu Tan ’s side.
Intel ( INTC -2.91%) stock moved lower on Tuesday. The company's share price closed out the session down 2.9% and had been off as much as 4.9% earlier in trading. Meanwhile, the S&P 500 index ended the day up 0.3%, and the Nasdaq Composite gained 0.8%.
So it was really only a matter of time before we got some specifics out of chip stock Intel (INTC) and its new CEO Lip-Bu Tan. The specifics,
We recently published a list of Jim Cramer Says I’m With Trump & Discusses These 12 Stocks. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other stocks that Jim Cramer discusses.
Three Intel board members will not stand for reelection at its 2025 annual meeting, the chipmaker said in a regulatory filing on Thursday, amid a historic transition under newly appointed CEO Lip-Bu Tan.