Intel’s New CEO Thrills Wall Street. There’s Still a Lot of Work Ahead.
Intel’s foundry made $17.5 billion in revenue in 2024, a 7% drop from the previous year, while losing $13.4 billion.
Intel’s new CEO brings ‘immediate credibility’ on Wall Street but warns employees of more ‘hard decisions’
Shortly after Intel announced his hiring Wednesday afternoon, new CEO Lip-Bu Tan greeted the chipmaker’s employees on a ...