Reported about 7 hours ago
Intel's stock became the top performer in the S&P 500 this week following the announcement of Lip-Bu Tan as its new CEO, effective March 18. The appointment comes amid rumors of potential partnerships and a strategic shift in its foundry business, causing shares to rise nearly 17%. Analysts view Tan's background as a positive factor for Intel's future, helping the company recover from a challenging 2024.
Source: YAHOO