Intel CEO Lip-Bu Tan says there are "no quick fixes" as the company works through a long-term turnaround strategy amid a 64% stock drop over five years.

Intel stock surged Monday following a report on incoming CEO Lip-Bu Tan's plans to turn around the struggling chipmaker.

MANILA, Philippines -- The Philippine Justice Department on Tuesday charged Dante Tan, the controlling shareholder of BW Resources Corp., a gambling company at the center of the country's biggest ...

Interestingly, this isn't Lip-Bu Tan’s first association with Intel. He joined the company’s Board of Directors in 2022, providing strategic guidance before stepping down in 2024.

Intel said on Wednesday that it had appointed Lip-Bu Tan as its new CEO, as the chipmaker attempts to recover from a tumultuous four-year run under Pat Gelsinger. The stock jumped 12% in extended ...