Following reports of Tan’s potential overhaul, Intel’s stock surged over 8 pre cent in mid-day trading on Nasdaq.

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

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.

At the time of this article, Intel has announced a new permanent CEO to replace Patrick Gelsinger who stepped down in December 2024. As a reminder,Pat Gelsinger spent the first 30 years of his career ...

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, is preparing sweeping changes to the company’s chip manufacturing operations and artificial intelligence strategies as he formally resumes leadership on ...

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Four months after Intel CEO Pat Gelsinger resigned, the struggling chip manufacturer appointed Lip-Bu Tan as new CEO last Wednesday. Effective March 18th, he will try to regain Intel’s lost glory ...