Intel Corporation (INTC)
Intel has greater turnaround opportunity under new CEO, analysts say
Intel Corp (NASDAQ:INTC, ETR:INL) has appointed industry veteran Lip-Bu Tan as its new CEO, a move analysts at Bank of America believe could significantly improve the company's turnaround potential. Analysts upgraded Intel's stock rating from 'Underperform' to 'Neutral,' raising their price target to $25 from $19.
Wall Street sets Intel stock price for next 12 months
Intel stock (NASDAQ: INTC) has been on a steady downward trajectory since late 2023.
Why Intel Stock Is Skyrocketing Today
Intel (INTC 16.37%) stock is surging higher in Thursday's trading following the announcement of the company's next CEO. The company's share price was up 15.6% as of noon ET.
Intel names Lip-Bu Tan as new CEO
CNBC's Kristina Partsinevelos reports on news from Intel.
Intel appoints Lip-Bu Tan as new CEO
Intel (INTC) names its new CEO, Lip-Bu Tan, who will take over effective March 18. The Futurum Group CEO Dan Newman joins Brad Smith and Madison Mills on Morning Brief to discuss the new chief executive and what's next for Intel and its foundry business, especially as President Trump threatens CHIPS Act funding for semiconductor companies.
Intel Stock Rises On New CEO, But Rough Road Ahead
Wall Street responded positively to the appointment of Lip-Bu Tan as Intel's new chief executive officer. But Intel stock faces a rocky road ahead.
Intel bets new CEO can achieve what Pat Gelsinger failed
Lip-Bu Tan is taking over as CEO. Transcript: Caroline Woods: After struggling for years to keep up with its rivals, there may finally be some blue skies ahead for Intel.
Intel pops 13% as chipmaker taps new CEO, Wall Street backs turnaround effort
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.
INTC Pops on New CEO, MSFT "Key Shelter in the Storm"
Kevin Green takes a look at two tech stocks on the move: Intel (INTC) and Microsoft (MSFT). Intel named a new CEO late Thursday.
Intel Stock Surges on New CEO – The Real Story Runs Deeper
When investors spot a great company to buy at an even greater price, they should know that a few unexpected things might happen shortly after. If they did, in fact, choose the right investment, they won't be the only ones in the market going after it, which is why there are often sudden announcements around the company that send it rallying out of the blue, but that often feels like a plan beforehand.t
Analysts love Intel's CEO choice — but not enough to recommend buying the stock
Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel's business both require major fixes.
Five Things to Know About Lip-Bu Tan, Intel's Next CEO
A veteran of the semiconductor industry, Lip-Bu Tan has an even longer track record as a technology investor, particularly in Chinese companies.
