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

Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO and signaled the struggling but ...

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

Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as ...

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

A former Intel board member, Tan will lead a once-venerated U.S. company that has seen its fortunes fall as the artificial-intelligence boom prompted a shift in industry demand away from its ...

(Reuters) -- Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective on March 18, more than three months after it ousted company veteran Pat ...

His efforts are also likely to be closely watched by U.S. President Donald Trump, who is eager for Intel to rebound. Tan "can leverage his experience and especially his industry connections ...

after U.S. President Donald Trump's administration requested TSMC to help turn around the troubled chipmaker. "This (Tan's appointment) is welcome news," said Jack E. Gold, analyst and president of J.

Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18, more than two months after the it ousted company veteran Pat Gelsinger. Tan ...

Intel has ruled the market for central processing units since the 1980s. But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. WSJ’s Asa ...