By Aditya Soni (Reuters) -Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former ...

Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.

The stock price is still way overvalued with a P/E of over 80, and the turnaround will take time. Investors to be wise to watch where Intel settles after today’s surge, but then look for updates on ...

TSMC has approached Nvidia, Advanced Micro Device, Broadcom and Qualcomm about a joint venture to operate Intel's chip-fabrication operations, per Reuters, citing anonymous sources.

In his letter to Intel employees, new chief executive officer Lip-Bu Tan, who starts his new job next Tuesday, tells them that he is “never deterred by ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. : Intel (NASDAQ: INTC) has postponed its $2 ...

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 ...

"Tan in as CEO at Intel was as good as stakeholders could have hoped for," said TD Cowen analysts, noting that he has "deep ...

It took a few months, but Intel has found its next chief executive officer in Lip-Bu Tan, an industry veteran with decades of semiconductor and software experience ...

Broadcom’s strong 1Q25 results position it for growth in AI. Read why AVGO stock offers a compelling entry point, with a ...

The Taiwanese chipmaker intends to run operations of Intel’s fab division but does not want to own more than 50% of it and is ...