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Intel Shares Surge 15% Amid New CEO Appointment and Milestone Achievement at Arizona Fab with 18A Node’s ‘Eagle Has Landed’ Moment

Intel’s numerous woes in the last, well, decade or so are thoroughly documented. So, it’s nice to be able to report some good vibes. Its share price leapt nearly 15% yesterday, primarily in response to the appointment of new CEO Lip-Bu Tan.

Meanwhile, an engineering manager at Intel posted some celebratory images from the company’s Arizona fab marking an “Eagle has landed” moment for the crucial 18A node, an indication the new node might already be in mass production.


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