Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.

March 13 (UPI) -- Intel appointed Lip-Bu Tan as its CEO following the retirement of former CEO Pat Gelsinger in late 2024.

Troubled chipmaker Intel Corp. makes CEO appointment nearly three and a half months after Pat Gelsinger exited.

When Lip-Bu Tan quit Intel's board last summer, he was said to be frustrated with the company's bloat and bureaucracy.

Incoming Intel CEO Lip-Bu Tan faces the challenge of turning around the chipmaker, which employs 20,000 workers in the ...

Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a ...

Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.

Tan will have work to do, as Intel has lost much of its market share after missing the AI boom, but INTC stock is up on the ...

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 ...

Following reports of Tan’s potential overhaul, Intel’s stock surged over 8 pre cent in mid-day trading on Nasdaq.

Intel Corporation stock rises as new CEO Lip-Bu Tan brings semiconductor expertise. Click for my updated view of whether INTC ...

After a little over three months, Intel has a new CEO to replace ousted former CEO Pat Gelsinger. Intel's board announced that Lip-Bu Tan will begin as Intel CEO on March 18, taking over from interim ...