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Intel, as CEOs-this tan assigns, stock 11%


Intel (Intc) announced that he was appointed Lip-this as a new CEO. Cadence design systems previously purchased from Cadence design systems, Mediterranean Co-Ceos David Zinzner and Michelle Johnston Holthaus. Duo, the former CEO Pat Gelinger, overthrown by the Intel plate in late 2024, was successful.

After the announcement, the shares of Intel in trade after the hour are more than 11%.

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News, TSMC is coming to the same day as a reuter reuter report that has been a consortium of companiesTsm) and including nvidia (Nvda) and broadcom (Avgo) in the negotiations Seize Intel’s production work.

Tan is not a stranger to Intel. The new General Director first served in the board in 2022, but in 2024 in 2024 in the Tournamentound Plan of the Society, including the third-party contract semiconductor production, including According to Reuters.

Lip-this tan in a photographless photo. Courtesy intel
Lip-this tan in a photographless photo. Courtesy intel · Reuters / Reuters

“Tan,” Tan, I am honored to join Intel. “I am great respect for this Iconic society and see important opportunities for our customers who better serve our customers and edit our businesses.”

Tan accepts Intel in the middle of one of the darkest periods in the company’s history. ChipMaker, Rivalry Chip Builder has lost the management of process production in TSMC and gave the opportunity to judge in the NVIDIA.

Intelin shares decreased by 54% because the income of the society’s income is about pandemic heights. Now for a long time, Nemesis faces growing competition from AMD (Very) and an effort updated by Qualcomm (Bomom) To access the PC chip cavity threatening Intel’s largest MoneyMaker.

The semiconductor giant has received billions of dollars in the Fish Act to help pay for new production facilities in the United States, including a mass campus in Ohio. But Intel says Part of the project is postponed Will not be completed by 2030. First opened in 2025.

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E-mail Daniel Howley, DHowley@yahoofinance.com. Follow him in x @Danielhowley.

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