Shares of INTC jumped over 8% on news that Tan has a turn-around plan for Intel, which could include staff layoffs and ...
Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.
Intel's newly appointed CEO, Lip-Bu Ta, after stepping into his role, has made clear his intent to reshape the company, ...
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 ...
Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a ...
Intel's new CEO Lip-Bu Tan prepares for significant changes, including layoffs and overhauls in AI strategy to address a $19 ...
Intel's incoming CEO Lip-Bu Tan is poised to spearhead a strategic shift at the semiconductor giant, with analysts predicting ...
Tan, who starts officially on Tuesday, told employees in a meeting that hard decisions are coming. This could mean the ...
Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO and signaled the struggling but ...
Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.
Beyond structural changes, Tan emphasizes the need for a cultural shift within Intel. Drawing inspiration from former CEO Andy Grove, Tan advocates for a culture that embraces urgency, productivity, ...
Intel's incoming CEO Lip-Bu Tan is charting a new trajectory to the company's approach to AI and planning on staff cuts to ...