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

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 ...

Intel's new CEO, Lip-Bu Tan, plans significant overhauls in chip manufacturing and AI strategies. Amidst staff cuts and a ...

Intel stock surged Monday following a report on incoming CEO Lip-Bu Tan's plans to turn around the struggling chipmaker.

Shares of Intel ( INTC 8.09%) are surging on Monday. The company's stock had gained 6.8% at noon ET and was up as much as 8.7% earlier in the day. The strong performance comes as the S&P 500 index ...

Silicon Valley investors love to romanticize iconoclasts and visionaries who bend technology and markets to their iron will. Intel’s latest CEO, Lip-Bu Tan, will put this “great man theory” to the ...

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's new CEO will prioritize streamlining operations — including slimming middle management — while rethinking its approach to AI, Reuters reports, citing anonymous sources.

Intel's new CEO, Lip-Bu Tan, is preparing significant changes in the company’s manufacturing and AI strategy to turn around ...

Intel Corp.'s new chief executive Lip-Bu Tan will have a vested interest in whether his efforts to turn around the chip company pan out. Tan intends to purchase about $25 million in stock from the ...

Intel's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial ...

Intel's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and AI strategies ahead of his return.