In This Story INTC +4.07% CDNS +2.54% NVDA +6.18% MS +2.11% GS +1.05% Intel ( INTC +4.07% ) stock jumped more than 12% in after hours trading on Wednesday after the chip manufacturer announced that tech executive and former board member Lip-Bu Tan will be the company’s new chief executive officer, effective March 18. Suggested Reading Tesla's reputational hit while Elon Musk works for Trump is unprecedented, JPMorgan says Stocks will be volatile until the cost of Trump's tariffs become clear,