Intel appoints Lip-Bu Tan as CEO, stock surges
Intel has appointed Lip-Bu Tan as its new CEO amidst the company's turnaround effort and reports that TSMC is looking to run its manufacturing business.
| Ticker |
QCOM
|
| CIK | 0000804328 |
| SIC | 3663 |
| Sector | Manufacturing |
| Industry Category | Electronic Equipment |
| Industry Group | Radio & Tv Broadcasting & Communications Equipment |
| Address | 5775 MOREHOUSE DR, SAN DIEGO, CA, 92121 |
| Website | qualcomm.com |
| Phone | 8585871121 |
| CEO | Cristiano R. Amon |
| Employees | 51,000 |
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Intel appoints Lip-Bu Tan as CEO, stock surgesIntel has appointed Lip-Bu Tan as its new CEO amidst the company's turnaround effort and reports that TSMC is looking to run its manufacturing business. Intel appoints Lip-Bu Tan as CEO, stock jumps 10%Intel has appointed Lip-Bu Tan as its new CEO amidst the company's turnaround effort and reports that TSMC is looking to run its manufacturing business. Intel appoints Lip-Bu Tan as CEO, stock jumps 11%Intel has appointed Lip-Bu Tan as its new CEO amidst the company's turnaround effort and reports that TSMC is looking to run its manufacturing business. 'Capitulatory signals' indicate potential upside for chip stocksChip stocks are climbing today as the stock market (^DJI, ^IXIC, ^GSPC) looks to recover from recent sell-offs, though the S&P semiconductor ETF (XSD) remains down over 15% this year. Jonathan Krinsky, BTIG's chief market technician, joins Catalysts host Madison Mills to discuss the pressures facing the semiconductor industry and key technical indicators for a potential rebound. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Nvidia, Intel foundry, Super Micro Computer: Market MinuteYahoo Finance host Josh Lipton recaps the morning's top-moving stocks in this Market Minute. Nvidia (NVDA) shares move higher Wednesday morning amid positive analyst commentary following the chip stock's slump. Intel (INTC) is also seeing some gains upon Reuters reports that Taiwan Semiconductor Manufacturing Company (TSM) has approached fellow chipmakers Nvidia, Advanced Micro Devices (AMD), Broadcom (AVGO), Qualcomm (QCOM) about a potential deal for Intel's foundry business. Super Micro Computer (SMCI) closed Tuesday's session as the S&P 500's (^GSPC) top performer. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. |