The new trajectory includes restructuring the company's approach to AI and staff cuts to address what Tan views as a slow-moving and bloated middle management layer ...

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.

Last week, Intel (INTC) appointed Lip-Bu Tan as its new CEO, and in his message to employees, he talked about creating the ...

Google chose MediaTek partly because the Taiwanese company has a strong relationship with Taiwan Semiconductor Manufacturing ...

U.S. chipmaker Intel's CEO Lip-Bu Tan will receive a salary of $1 million and be eligible for an annual cash bonus of up to ...

Intel's stock could book a four-day gain not seen since 1987 as optimism builds further for the company's next chief executive, Lip-Bu Tan. Investors seem excited about Tan's potential to shake things ...

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 ...