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 turn-around plan for Intel, which could include staff layoffs and ...
Lip-Bu Tan’s base salary for the top post at the chip maker is $1 million a year, compared with the $1.25 million Pat ...
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 ...
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 incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial ...
Intel (INTC) has had a rough few years, but its board isn’t backing down from its turnaround efforts. With former CEO Pat ...
Intel Corporation (NASDAQ:INTC) develops and sells computing hardware, semiconductors, AI solutions, and networking ...
Intel's CEO Lip-Bu Tan is restructuring the company, cutting jobs, and refocusing on AI and manufacturing to regain market ...
Intel's newly appointed CEO, Lip-Bu Ta, after stepping into his role, has made clear his intent to reshape the company, ...
Interestingly, this isn't Lip-Bu Tan’s first association with Intel. He joined the company’s Board of Directors in 2022, ...