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

Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.

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

Intel tapped former board member Lip-Bu Tan as its CEO on Wednesday, as the struggling American chipmaking icon attempts to ...

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.

The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share.

With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.

The new CEO is using all the right words about a turnaround — as long as the forces for a breakup aren’t overwhelming.

Intl said former Cadence Design Systems chief executive Lip-Bu Tan will be the company's next chief executive. Former co-CEOs ...

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

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