Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.

Intel has appointed Lip-Bu Tan as its new CEO amidst the company's turnaround effort and reports that TSMC is looking to run its manufacturing business.

Shares of Intel Corp. jumped the most in five years after the company named Lip-Bu Tan as its next chief executive officer, ...

Intel has appointed Lip-Bu Tan as its new chief executive officer, marking a leadership shift as the US chipmaker faces ...