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 ...

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

Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as ...

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

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

Troubled chipmaker Intel Corp. makes CEO appointment nearly three and a half months after Pat Gelsinger exited.

March 13 (UPI) -- Intel appointed Lip-Bu Tan as its CEO following the retirement of former CEO Pat Gelsinger in late 2024.

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

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

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

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