Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan t o be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board ...

Intel shares are climbing in after-hours trading Wednesday after the company announced Lip-Bu Tan as its new chief executive officer.

Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as ...