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Right place, right time: The story behind Intel’s amazing rebound
The company has gained from an AI infrastructure boom and global supply chain worries, but several risks remain.
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Intel CEO Lip-Bu Tan has overseen a dramatic turnaround in his company's fortunes.
PHOTO: REUTERS
Amit Joshi
A year ago, Intel was widely viewed as on its way to becoming a Silicon Valley relic: bleeding cash, shedding jobs and struggling to keep pace with the AI revolution upending the semiconductor industry. Today, the mood could hardly be more different.
Intel’s stock has surged almost 500 per cent over the past year as investors bet that new boss Tan Lip-Bu can engineer one of the most remarkable turnarounds in modern tech history.
