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Barchart
Aditya Raghunath

Intel’s New CEO Wants to Save Its Failing AI Chip Business. Is It Time to Double Down on INTC Stock?

Intel Corporation INTC LipBu Tan Intel Foundry Nvidia

Intel’s (INTC) incoming CEO, Lip-Bu Tan, is set to implement sweeping changes as he returns to lead the struggling tech giant. Intel stock popped nearly 7% in a single trading session after Tan unveiled his strategic vision, renewing investor confidence. 

Tan’s turnaround strategy focuses on revitalizing Intel’s manufacturing operations while addressing years of misguided decisions that left the company with a $19 billion annual loss in 2024 – its first since 1986. 

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