Following reports of Tan’s potential overhaul, Intel’s stock surged over 8 pre cent in mid-day trading on Nasdaq.
Intel CEO Lip-Bu Tan has reportedly set his top priorities for turning the company around which could include job cuts.
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 ...
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 ...
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 ...
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 ...
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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