Intel’s stock plunged 60% in 2024 and the company ousted its CEO. That has left new CEO Lip-Bu Tan facing significant challenges, including how to fix the chip giant’s business. WSJ explains.
In terms of strategy, Tan says he’ll push Intel to “double down” on areas where the company already excels. In areas where it's behind, Tan will try to boldly leapfrog. "And in areas where ...
Northvolt AB today announced that it has filed for bankruptcy in Sweden. It says Northvolt North America is solvent, but what will happen to its massive EV battery plant project in Canada?