Intel Gets a New CEO to Oversee Its Turnaround Efforts

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.6 • 1.6K Ratings

🗓️ 14 March 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Chip maker Intel needs to figure out its future—fast. Now it’s tapping Lip-Bu Tan to lead the company through its next stage. WSJ Heard on the Street columnist Dan Gallagher explains what’s facing Tan. Plus, what has Elon Musk been up to at the Department of Government Efficiency? WSJ columnist Tim Higgins gives the latest updates in Musk-land. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:33.7	Welcome to Tech News briefing. It's Friday, March 14th. I'm Shara Tipkin for the Wall Street Journal.
0:40.4	Elon Musk has had a rough few days. His role in the government is causing tension both in D.C. and at his companies.
0:48.9	What's the latest from Musk two months in as head of the Department of Government Efficiency or Doge.
0:55.6	Then, Intel has a new CEO.
0:59.4	We'll find out what this means for the chipmaker and how investors are reacting.
1:05.2	WSJ heard on the street columnist Dan Gallagher joins us to discuss the latest.
1:13.4	But first up, it's been nearly two months since Elon Musk joined Doge.
1:19.9	Since then, Doge has laid people off, canceled contracts, and made other cutbacks to save the government money. But this past week hasn't been
1:30.0	great for Musk. Along with political pressures, Tesla's stock tumbled 15% on Monday. Our columnist
1:38.1	Tim Higgins joins us with the latest as part of our series looking at Musk's first 100 days in the Trump White House.
1:46.7	Tim, what's going on with Musk right now?
1:49.0	It is just a rocky road for Musk these days.
1:51.8	A lot of attention, understandably, because he is slaying a lot of sacred cows in Washington.
1:58.0	These are political hot buttons that he's pushing. And there are people out there
2:02.9	who are very unhappy protesting stores around the country at Tesla. Now it's almost becoming
2:09.2	commonplace in some cities to see these stickers about how they bought their Tesla before Elon went
2:14.9	crazy. A lot of backlash. And it's not very normal in this country
	...

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