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 ...

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.

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.

The new CEO is using all the right words about a turnaround — as long as the forces for a breakup aren’t overwhelming.

Intel ( INTC) named Lip-Bu Tan its new CEO, sending the chipmaker's stock higher in after-hours trading Wednesday. Tan, who ...

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

Intel appointed Lip-Bu Tan as its CEO following the retirement of former CEO Pat Gelsinger in late 2024. In a press release, ...

With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.

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