Intel pops 14% as chipmaker taps new CEO, Wall Street backs turnaround effort

• Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%

  Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
  
  CNBC - 23h
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  Intel hires former board member as new CEO in chipmaker's latest comeback attempt

  Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around the company that helped define ...
  
  ABC News - 13h

• Chipmakers are finding that good earnings aren't enough to please Wall Street

  After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.
  
  CNBC - 6d
• 

  Trump taps Michelle Bowman as Fed vice-chair for supervision

  Champion of light regulation expected to be welcomed by Wall Street
  
  Financial Times - 23h

• Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown

  Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...
  
  CBS News - 2d
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  Senate GOP frets as Wall Street takes dip over tariffs, talk of recession

  Senate Republicans expressed new worries about the economy Monday after Wall Street had one of its worst days in years amid a trade war and remarks from President Trump that did not rule out the ...
  
  The Hill - 2d
• 

  FCC unveils sweeping deregulation effort

  The Federal Communications Commission (FCC) is planning a new effort to roll back regulations on the tech, media and telecommunications industries, the department announced Wednesday. The FCC said ...
  
  The Hill - 1d

• Explaining the stock market uncertainty amid tariff back-and-forths with Canada

  Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...
  
  CBS News - 1d

• Intel’s stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.

  With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.
  
  MarketWatch - 20h

More from CNBC

• Putin wants direct White House talks before Ukraine ceasefire, but says he is open to deal in principle

  Russian President Vladimir Putin thanked U.S. President Donald Trump for giving "so much attention" to the prospect of a Russia-Ukraine deal.
  
  CNBC - 2h

• 'I'm not going to bend at all': Trump doubles down on tariff plans as stocks sink

  Trump said he would not change his mind about imposing "reciprocal tariffs" on other countries that have their own tariffs on U.S. goods.
  
  CNBC - 2h

• Greenland PM blasts Trump talk of U.S. annexation: 'Enough is enough'

  "We don't want to be Americans. No, we don't want to be Danes. We want to be Greenlanders," said Jens-Frederik Nielsen of the island's Demokraatit party.
  
  CNBC - 36m

• Why this week's positive inflation reports won't look as good to the Fed

  On the surface, February's inflation data released this week brought some encouraging news.
  
  CNBC - 1h

• Treasury Secretary Bessent said the White House is focused on the 'real economy' and not concerned about 'a little' market volatility

  essent said the administration is attentive to market moves, he predicted that both the economy and markets would prosper over time.
  
  CNBC - 3h

More in Business

• Trump threatens to put 200% tariff on French Champagne and other EU spirits

  The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.
  
  CNBC - 6m

• Wells Fargo’s stock dips even as analyst proclaims ‘good entry point’ for investors

  RBC Capital says Wells Fargo’s stock is a good buy after the recent financial-stock selloff — but it continued to fall along with most bank stocks Thursday.
  
  MarketWatch - 16m
• 

  CrossFit Is for Sale Again Amid Years of Shake-Ups

  The search for new owners comes after a tumultuous five years for the fitness company, including an athlete death and financial concerns.
  
  The New York Times - 20m

• Stocks are falling, but wait for these signals before deciding it’s time to buy

  S&P 500 is in a correction and buyers are scarce.
  
  MarketWatch - 21m

• How to Build a Trust-Driven, Successful CEO/COO Partnership

  Inc. - 21m