Intel shares struggle after losing half their value over 5 years. New CEO Lip-Bu Tan aims at cost-cutting and boosting ...

Intel's incoming CEO Lip-Bu Tan is charting a new trajectory to the company's approach to AI and planning on staff cuts to ...

Tan, who starts officially on Tuesday, told employees in a meeting that hard decisions are coming. This could mean the ...

The new trajectory includes restructuring the company's approach to AI and staff cuts to address what Tan views as a slow-moving and bloated middle management layer ...

Lip-Bu Tan will prioritize streamlining operations — including slimming middle management — while rethinking Intel's approach to AI, Reuters reports, citing anonymous sources.

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

Intel's incoming CEO Lip-Bu Tan is poised to spearhead a strategic shift at the semiconductor giant, with analysts predicting ...

Intel's new CEO, Lip-Bu Tan, plans significant overhauls in chip manufacturing and AI strategies. Amidst staff cuts and a ...

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

Intel's stock could book a four-day gain not seen since 1987 as optimism builds further for the company's next chief executive, Lip-Bu Tan. Investors seem excited about Tan's potential to shake things ...

Shares of Intel ( INTC 8.09%) are surging on Monday. The company's stock had gained 6.8% at noon ET and was up as much as 8.7 ...

Silicon Valley investors love to romanticize iconoclasts and visionaries who bend technology and markets to their iron will.