Reported about 23 hours ago
Intel's shares are gaining further in premarket trading as new CEO Lip-Bu Tan steps in, succeeding Pat Gelsinger, who retired after failing to revitalize the company. Despite a recent nearly 7% increase, Intel's stock has dropped almost 40% over the past year. Tan is reportedly considering significant changes in manufacturing and AI strategies, leading to optimism among analysts and investors.
Source: YAHOO