Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.
Following reports of Tan’s potential overhaul, Intel’s stock surged over 8 pre cent in mid-day trading on Nasdaq.
Intel's new leadership moves signal transformative changes. Click here to read why INTC stock has so much upside with limited downside.
Intel's incoming CEO Lip-Bu Tan is poised to spearhead a strategic shift at the semiconductor giant, with analysts predicting ...
Tan, who starts officially on Tuesday, told employees in a meeting that hard decisions are coming. This could mean the ...
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's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial intelligence strategies ahead of his return to the company on Tuesday, two people ...
Shares of Intel Corp. (INTC) surged by nearly 7% in Monday’s regular trade and extended gains by almost 1% during after-market hours after the company’s new CEO, Lip-Bu Tan, reportedly planned an ...
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's new CEO, Lip-Bu Tan, plans significant overhauls in chip manufacturing and AI strategies. Amidst staff cuts and a ...
Intel stock surged Monday following a report on incoming CEO Lip-Bu Tan's plans to turn around 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 ...