Intel rockets 15% on new CEO appointment: buy, sell or hold?
Shares of Intel are skyrocketing on Thursday, primarily because the company announced that Lip-Bu Tan, former CEO of Cadence Design Systems, will be its new chief executive, effective March 18. At the time of writing, INTC stock was up over 14%, trading around $23. Despite the surge, the stock…
March 13, 2025