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 ...
There were no meaningful job cuts under previous CEO Pat Gelsinger until late 2024, not long before Gelsinger was forced out. By that time, Intel was already struggling on multiple fronts. Tan could ...
However, Tan is willing to put his own money on the line to align his interests with those of the company and its future. While the new CEO will be getting generous stock options and performance-based ...
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 ...
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 shares struggle after losing half their value over 5 years. New CEO Lip-Bu Tan aims at cost-cutting and boosting ...
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 ...
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 ...
Silicon Valley investors love to romanticize iconoclasts and visionaries who bend technology and markets to their iron will.
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 ...
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