INTC Stock: Intel Appoints New Head of Foundry Manufacturing

Semiconductor stalwart Intel (NASDAQ:INTC) saw its shares move up modestly on Friday afternoon in an effort to turn its business around. Recently, the company announced that it will appoint a new executive to head its foundry manufacturing unit. It’s the second leadership shakeup this year amid growing skepticism toward INTC stock.According to Intel’s press release, the tech giant announced the appointment of Dr. Naga Chandrasekaran to the role of chief global operations officer, executive vice president an ...