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What is Lip-Bu Tan doing for Intel stock that’s different from Pat Gelsinger?
Intel Corp (NASDAQ: INTC) tanked nearly 10% on Friday even though the chipmaker, under its new chief executive Lip-Bu Tan, ...
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Intel To Lay Off 15% Of Workforce, Cut Strength To 75,000 Employees By Year-End
Other technology giants including Microsoft, Google and Amazon have trimmed their workforces in recent months.
Intel Plans to Spin Off Its Networking Unit as CEO Looks to Shed Assets
Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...
'No more blank checks': Intel looks committed to Arizona, even as it retreats elsewhere
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
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Intel Foundry's future depends on securing customers for its next-gen Intel 14A process node
Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...
Intel to separate networking unit as new CEO Tan overhauls business
Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...
‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks'
Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock ...
Intel's German megafab dream is over: CEO Lip-Bu Tan kills the project, beset with setbacks from EU funding to ancient neolithic remains, to save cash
Even in the US, where there's a push for more domestic manufacturing, especially in semiconductors, by consecutive governments, Intel is ramping down construction. Lip-Bu Tan has said it is slowing ...
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Lip-Bu Tan’s Intel pivots harder toward austerity in latest earnings report
Intel CEO Lip-Bu Tan has launched a sweeping campaign of fiscal restraint, marking a sharp break from the ambitious ...
Intel slides after CEO struggles to show turnaround on track
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...