Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Intel began laying off employees across the company Monday, notifying workers individually about whether they will keep their jobs. New CEO Lip-Bu Tan told workers in April to expect major layoffs in ...

Even after big job reductions in 2024, it's been clear for months that more cuts were on the way under new Intel CEO Lip-Bu ...

Intel’s new CEO Lip-Bu Tan is reportedly considering a major change to Intel’s manufacturing division, including Ohio’s plant ...

Intel CEO Lip-Bu Tan is reportedly considering halting external sales of the company's costly 18A chip process as losses ...

Intel CEO Lip-Bu Tan still slicing and dicing to save the company money, with reports suggesting it would trim down its Intel ...

Intel's new CEO Lip-Bu Tan is considering a shift in the manufacturer's contract chip-making business, a change that could ...

Intel has begun layoffs that were foreshadowed by CEO Lip-Bu Tan with a notice sent to California last week detailing roles ...

Lip-Bu Tan, Intel’s incoming chief executive, plans to revamp the embattled tech giant’s chipmaking operations and execute potential job cuts to better compete with industry rivals, according ...

Intel Corp. Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren’t central to its mission and create new products including custom semiconductors to try to better ...

According to Quiver Quantitative, Lip-Bu Tan owns 1.4 million shares of CDNS stock and has sold 7.7 million shares since 2021 ...