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

Intel’s stock rose on Monday as investors reacted to reports that incoming CEO Lip-Bu Tan is preparing sweeping changes to ...

Downbeat retail sales data and Treasury Secretary Scott Bessent's comments are adding to worries about the economy.

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 Corporation named Lip-Bu Tan its new CEO, a major change in leadership to shake up the struggling semiconductor giant.

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.

U.S. equities were mixed at midday, with positive news on retail sales eased continuing concerns about tariffs.