Shares of Intel, Monday's biggest Nasdaq gainer, are extending their increases in premarket trading as CEO Lip-Bu Tan begins ...
Following reports of Tan’s potential overhaul, Intel’s stock surged over 8 pre cent in mid-day trading on Nasdaq.
Intel shares struggle after losing half their value over 5 years. New CEO Lip-Bu Tan aims at cost-cutting and boosting ...
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 ...
Intel CEO Lip-Bu Tan has reportedly set his top priorities for turning the company around which could include job cuts.
Bu Tan, who recently took over the reins, is already making his presence felt by signaling significant changes to the company’s structure. With Intel facing a tough financial period, Tan’s arrival ...
Despite excitement over Intel’s new CEO, shares are still below the company’s year-to-date highs — in February, when ...
Shares of Intel have been surging ever since the company announced that Lip-Bu Tan ... the foundry, Tan is likely to cut jobs as he targets a bloated layer of middle managers. There were no meaningful ...
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 ...