Intel on Wednesday announced a new CEO, Lip-Bu Tan, will be taking the helm of the chipmaker. He is slated to assume the top job at Intel on Tuesday.

Intel shares soared 10% in extended trading Wednesday after the beleaguered chipmaker named former board member and chip industry veteran Lip-Bu Tan as its new CEO. Monitor these crucial chart levels.

Despite Trump's call to end the CHIPS Act, Ohio leaders remain committed to Intel's semiconductor factories. Trump's call to end CHIPS Act funding comes as Intel's financial struggles have led to ...

Intel broke ground on its massive computer chip manufacturing facility on Sept. 11, 2022, just south of Johnstown, with President Joe Biden, Gov. Mike DeWine and Intel CEO Pat Gelsinger announcing ...