Technology

Intel appoints former board member Lip-Bu Tan as CEO, effective March 18; INTC jumps 11%+ after hours (Bhanvi Satija/Reuters)


Bhanvi Satija / Reuters:

Intel appoints former board member Lip-Bu Tan as CEO, effective March 18; INTC jumps 11%+ after hours  —  Struggling U.S. chipmaker Intel (INTC.O) on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18, more than two months after the it ousted company veteran Pat Gelsinger.

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