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 ...

The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share.

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 ...

Shares of Intel Corp. jumped 15% after the company named Lip-Bu Tan as its next chief executive officer, entrusting a former ...

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

Intel's new CEO Lip-Bu Tan prepares for significant changes, including layoffs and overhauls in AI strategy to address a $19 ...

Intel's CEO Lip-Bu Tan is restructuring the company, cutting jobs, and refocusing on AI and manufacturing to regain market ...

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

Interestingly, this isn't Lip-Bu Tan’s first association with Intel. He joined the company’s Board of Directors in 2022, ...