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Intel names new CEO to lead turnaround effort

Intel has named longtime tech investor and semiconductor industry executive Lip-Bu Tan as its new chief executive. The appointment comes as the struggling chipmaker attempts to recover from several difficult years and falling behind its rivals. Tan's leadership and expertise in the technology industry, along with his track record of creating shareholder value, make him the ideal candidate to lead Intel's turnaround. The announcement of Tan's appointment resulted in a significant jump in Intel's stock price. This event signifies a major change in leadership and strategy for Intel.

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    • BarcodeBarcode
      ·03-14
      $Intel(INTC)$ $NVIDIA(NVDA)  💹🅑🅤🅛🅛🅘🅢🅗📈 🤖🚀⚡ Intel’s AI Gambit: Can Lip-Bu Tan’s Algorithmic Alchemy Ignite a Trillion-Dollar Blaze? ⚡🚀🤖 On Friday, 14Mar25, as New Zealand’s 🇳🇿 dawn slashed the sky, still a restless Thursday, 13Mar in the States 🇺🇸, the semiconductor cosmos detonated with news that hit me like a rogue wave. Intel, the bruised titan clawing back from the brink, crowned Lip-Bu Tan as CEO late Wednesday, banishing interim co-rulers David Zinsner and Michelle Johnston Holthaus to their posts, CFO and Intel Products czar, respectively. Tan, reborn to the board he fled in August 2024, sparked a market inferno, $INTC rocketed 15% in after-hours trading, a molten signal that traders could
      看4.41K回复37
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    • jethrojethro
      ·03-13
      It's too early to definitively say whether it's time to "load in" on Intel shares just because of the new CEO appointment. While Lip-Bu Tan's experience and track record are promising, the company faces significant challenges that will take time to address. Reasons for Cautious Optimism: - Experienced Leader: Tan's extensive background in the semiconductor industry, particularly his previous role as CEO of Cadence Design Systems and his experience in venture capital, positions him well to lead Intel through its current difficulties. - Potential for Restructuring: Tan is likely to prioritize regaining Intel's competitive edge against rivals like AMD and Nvidia, which may involve accelerating the development and rollout of new chip technologies and enhancing Intel's capabilities in artificia
      看2.18K回复5
      点赞34
      编组 21备份 2Share
      Report
    • BarcodeBarcode
      ·03-14
      $Intel(INTC)$ $NVIDIA(NVDA)  💹🅑🅤🅛🅛🅘🅢🅗📈 🤖🚀⚡ Intel’s AI Gambit: Can Lip-Bu Tan’s Algorithmic Alchemy Ignite a Trillion-Dollar Blaze? ⚡🚀🤖 On Friday, 14Mar25, as New Zealand’s 🇳🇿 dawn slashed the sky, still a restless Thursday, 13Mar in the States 🇺🇸, the semiconductor cosmos detonated with news that hit me like a rogue wave. Intel, the bruised titan clawing back from the brink, crowned Lip-Bu Tan as CEO late Wednesday, banishing interim co-rulers David Zinsner and Michelle Johnston Holthaus to their posts, CFO and Intel Products czar, respectively. Tan, reborn to the board he fled in August 2024, sparked a market inferno, $INTC rocketed 15% in after-hours trading, a molten signal that traders could
      看4.41K回复37
      点赞38
      编组 21备份 2Share
      Report
    • jethrojethro
      ·03-13
      It's too early to definitively say whether it's time to "load in" on Intel shares just because of the new CEO appointment. While Lip-Bu Tan's experience and track record are promising, the company faces significant challenges that will take time to address. Reasons for Cautious Optimism: - Experienced Leader: Tan's extensive background in the semiconductor industry, particularly his previous role as CEO of Cadence Design Systems and his experience in venture capital, positions him well to lead Intel through its current difficulties. - Potential for Restructuring: Tan is likely to prioritize regaining Intel's competitive edge against rivals like AMD and Nvidia, which may involve accelerating the development and rollout of new chip technologies and enhancing Intel's capabilities in artificia
      看2.18K回复5
      点赞34
      编组 21备份 2Share
      Report
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