
Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says ‘Clearly, There Are No Quick Fixes,’ But Investors Should ‘Stay Tuned’ – Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)
As Intel Corporation INTC works to reclaim its position in the semiconductor race, its new CEO is urging patience from investors. What Happened: On Thursday, during Intel's first-quarter financial earnings call, CEO Lip-Bu Tan was asked how long Intel's transformation might take. In response, Tan admitted that "Clearly, there are no quick fixes," but underscored […]