Intel’s New CEO Faces Steep Challenges After $22 Billion Rally

Intel Corp.’s shares have surged since CEO Lip-Bu Tan took over, but his new role comes with a daunting task: reversing the company’s declining fortunes. With Tan set to assume his position on Tuesday, employees were warned in a letter that it won’t be an easy journey. The company faces significant challenges, and it remains to be seen if Tan can lead Intel back to success.

Source: https://www.bloomberg.com/news/articles/2025-03-18/intel-s-new-ceo-sparked-a-rally-but-now-faces-a-reality-test