Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.

Shares of INTC jumped over 8% on news that Tan has a turnaround plan for Intel, which could include staff layoffs and ...

Incoming Intel CEO Lip-Bu Tan faces the challenge of turning around the chipmaker, which employs 20,000 workers in the ...

Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a ...

Lip-Bu Tan, a former member of Intel’s board and a vocal critic of former CEO Pat Gelsinger, will be taking the helm on ...

Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.

Intel layoffs in 2025 under CEO Lip-Bu Tan signal massive job cuts to fund an AI and manufacturing fightback against NVIDIA.

In his letter to Intel employees, new chief executive officer Lip-Bu Tan, who starts his new job next Tuesday, tells them ...

Intel Corporation stock rises as new CEO Lip-Bu Tan brings semiconductor expertise. Click for my updated view of whether INTC ...

Shares of Intel Corp. (INTC) surged by nearly 7% in Monday’s regular trade and extended gains by almost 1% during ...

Intel's newly appointed CEO, Lip-Bu Ta, after stepping into his role, has made clear his intent to reshape the company, ...

When Lip-Bu Tan quit Intel's board last summer, he was said to be frustrated with the company's bloat and bureaucracy.