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531 Intel Stock Soars On New CEO Pick, Lip-Bu Tan

The Information
Anita Ramaswamy @ The Information 3 place · 03/12/2025 16:49 EDT

Intel named former Cadence Design Systems chief Lip-Bu Tan as its new CEO, sending its stock up 12%. The appointment follows the departure of Pat Gelsinger as CEO in December as it struggled to compete in the market for artificial intelligence chips and its stock price tanked. Tan had stepped ...

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