Trump’s Chips War Has Left Intel’s New CEO With a Near-Impossible Task. Here’s Why and 5 Other Things to Know Today.
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Intel names new CEO to help reverse chipmaker’s struggles
The appointment of Lip-Bu Tan, 65, a prominent tech leader, follows a tumultuous period for the semiconductor giant that saw declining revenue and share prices.
Intel Hires Former Board Member as New CEO in Struggling 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 Si
Intel Names Chip Industry Veteran Tan as CEO
Given all the challenges of this business, given the challenge around trying to compete with Nvidia, given the debt load, given the fact that they have seen their earnings plummet for now, as you see in the market reaction,
Intel Stock Jumps After Chip Company Names New CEO
Intel named Lip-Bu Tan as its new chief executive, selecting a former board member and longtime industry executive to help turn itself around. Shares stood 15% higher in midday trading. 🔎 Dig deeper
Intel chooses chip veteran as new CEO, looks set to fight breakup
Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO and signaled the struggling but storied chipmaker was unlikely to split up its chip-design and manufacturing operations.
Two Texans in Congress defend CHIPS Act in the face of Trump’s criticism
Two Texas Republicans in Congress are defending the CHIPS Act, saying it benefits national security and creates jobs.
How Trump could potentially claw back CHIPS funding
It's possible that Trump could claw back funds, Stephen Ezell told Ars. As vice president for global innovation policy at the ...
Trump’s Call to Scrap ‘Horrible’ Chip Program Spreads Panic
The president’s attack on the key tenet of the Biden administration’s industrial policy has set off concerns that he may claw ...
State and local officials respond to President Trump’s proposed end to CHIPS Act
Sherman is now a booming hub for semiconductor manufacturers like GlobiTech, GlobalWafers and Texas Instruments, but the ...
Trump’s CHIPS demand creates a $52 billion headache for Congress
It’s not clear to lawmakers what the president thinks should happen to a “horrible, horrible” law — or if changing it is ...
Trump’s Chips surprise
In today’s edition … Rep. Al Green censure vote moves forward ... Georgia Democratic Rep. Lucy McBath launches gubernatorial ...
The Daily Signal2d
Why Does Trump Dislike the CHIPS Act?
Trump wants to end Biden’s CHIPS Act, in no small part because of all of its unrelated diversity and environmental ...
US Rep. Michael McCaul dismisses Trump's call to end CHIPS Act as 'off script' remark
The 11-term Republican from Austin said the idea for the CHIPS and Science Act was hatched during Donald Trump's first term.
Trump’s Call for Chips Act Repeal Spurned by Key US Lawmakers
US lawmakers who helped secure billions of dollars in subsidies for domestic semiconductor manufacturing rejected President ...
Nvidia Stock Sees Wild Swings. How Trump Could End the AI Chips Slump.
Nvidia stock was gyrating between losses and gains Tuesday, after the artificial-intelligence chip maker’s had a bad start to ...
Fear and resignation after ‘world’s most powerful company’ pays Trump a $100 billion ‘protection fee’
It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment ...