
Intel Share Price: Jumps 15% following appoints Lip-Bu Tan as CEO
Shares of Intel Corp. jumped 15 per cent after the company named Lip-Bu Tan as its next chief executive officer, entrusting a former board member and semiconductor veteran with one of the toughest jobs in the chip industry. Tan, 65, will assume the role on March 18, the company said in a statement Wednesday. He…