Trump’s Chips War Has Left Intel’s New CEO With a Near-Impossible Task. Here’s Why and 5 Other Things to Know Today.
Cooler February inflation doesn’t mean Fed will lower rates, promising obesity drug could challenge Novo Nordisk and Eli Lilly, and more news to start your day.
Intel names new CEO to help reverse chipmaker’s struggles
The appointment of Lip-Bu Tan, 65, a prominent tech leader, follows a tumultuous period for the semiconductor giant that saw declining revenue and share prices.
Intel Hires Former Board Member as New CEO in Struggling Chipmaker's Latest Comeback Attempt
Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around the company that helped define Si
Intel's new CEO tasked with turning around chip giant
Intel on Wednesday announced a new CEO, Lip-Bu Tan, will be taking the helm of the chipmaker. He is slated to assume the top job at Intel on Tuesday.
Intel Names Chip Industry Veteran Tan as CEO
Given all the challenges of this business, given the challenge around trying to compete with Nvidia, given the debt load, given the fact that they have seen their earnings plummet for now, as you see in the market reaction,
Intel Stock Jumps After Chip Company Names New CEO
Intel named Lip-Bu Tan as its new chief executive, selecting a former board member and longtime industry executive to help turn itself around. Shares stood 15% higher in midday trading. 🔎 Dig deeper
Intel chooses chip veteran as new CEO, looks set to fight breakup
Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO and signaled the struggling but storied chipmaker was unlikely to split up its chip-design and manufacturing operations.
Novartis is watching US reciprocal tariff policy 'very carefully', CEO says
Swiss pharmaceutical giant Novartis will watch "very carefully" how the reciprocal tariff policy proposed by the United ...
Trump tariffs on Thailand may be unavoidable says the CEO of one of the country’s biggest conglomerates
Berli Jucker CEO Thapanee Techajareonvikul says she’s preparing for a trade war by exploring new markets and fending off new ...
CEO of Engine Maker Weg Calls Trump’s Tariffs Mistake
The chief executive officer of Weg SA called US President Donald Trump’s tariffs a “fundamental mistake,” while making the ...
GM CEO met Trump amid tariff fight, White House says
President Donald Trump met General Motors CEO Mary Barra on Wednesday to discuss the automaker's investment plans amid his ...
Binance ex-CEO responds to reports linking him to Trump pardon deal
Binance co-founder Changpeng "CZ" Zhao denies reports of negotiating a deal with Trump’s family for a stake in Binance.US in ...
Chevron CEO weighs in on oil legislation after Trump pulled its license to operate in Venezuela: ‘Swinging from one extreme to the other is not the right policy approach’
Trump’s slashed Chevron’s license to drill and export oil in Venezuela. Now, Chevron is calling for long-lasting legislation.
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Stranded astronauts thank Musk, Trump for facilitating return; Sunita Williams says, "will be back before long"
NASA Asronauts Sunita Williams and Butch Willmore, who are to return to earth after being stranded in space for over nine months, expressed gratitude for SpaceX CEO Elon Musk and US President Donald ...
Fear and resignation after ‘world’s most powerful company’ pays Trump a $100 billion ‘protection fee’
It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment from what he called the world’s most powerful company, Taiwan Semiconductor ...
Goldman Sachs CEO reveals the business community's true thoughts on Trump tariffs
Goldman Sachs CEO David Solomon discussed the business community's thoughts on President Trump's tariffs, telling FOX ...
Goldman Sachs CEO says ‘business community understands’ Trump tariffs — but would like them to be lower
Goldman Sachs CEO David Solomon said the “business community understands” what President Trump is “trying to do with tariffs” — though he added that executives are ...
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Trump Meets Nvidia CEO Amid Tech Industry Developments
The intersection of politics and technology has always been a dynamic arena, and the latest meeting between former President Donald ...