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.

Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.

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

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

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

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

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

Intl said former Cadence Design Systems chief executive Lip-Bu Tan will be the company's next chief executive. Former co-CEOs ...

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

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