Shares of Intel, Monday's biggest Nasdaq gainer, are extending their increases in premarket trading as CEO Lip-Bu Tan begins his role at the helm of the struggling chipmaker.
Intel CEO Lip-Bu Tan has reportedly set his top priorities for turning the company around which could include job cuts.
Following reports of Tan’s potential overhaul, Intel’s stock surged over 8 pre cent in mid-day trading on Nasdaq.
Intel's new leadership moves signal transformative changes. Click here to read why INTC stock has so much upside with limited downside.
Intel's incoming CEO Lip-Bu Tan is charting a new trajectory to the company's approach to AI and planning on staff cuts to ...
Tan, who starts officially on Tuesday, told employees in a meeting that hard decisions are coming. This could mean the ...
Google chose MediaTek partly because the Taiwanese company has a strong relationship with Taiwan Semiconductor Manufacturing ...
Lip-Bu Tan will prioritize streamlining operations — including slimming middle management — while rethinking Intel's approach to AI, Reuters reports, citing anonymous sources.
Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.
Intel's incoming CEO Lip-Bu Tan is poised to spearhead a strategic shift at the semiconductor giant, with analysts predicting ...
Intel's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial ...
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