Following reports of Tan’s potential overhaul, Intel’s stock surged over 8 pre cent in mid-day trading on Nasdaq.
Beyond structural changes, Tan emphasizes the need for a cultural shift within Intel. Drawing inspiration from former CEO Andy Grove, Tan advocates for a culture that embraces urgency, productivity, ...
Despite excitement over Intel’s new CEO, shares are still below the company’s year-to-date highs — in February, when ...
Nvidia’s much-anticipated GTC keynote event on Tuesday threatens to overshadow the first day of work for Intel's new CEO, Lip ...
Four months after Intel CEO Pat Gelsinger resigned, the struggling chip manufacturer appointed Lip-Bu Tan as new CEO last Wednesday. Effective March 18th, he will try to regain Intel’s lost glory ...
Intel’s new CEO casts Pat Gelsinger’s tenure and firing in a new light: was Intel’s problem simply bad execution?
If Intel CEO Lip-Bu Tan can grow the stock price the way company hopes, Intel’s market cap would swell from $104 billion to $312 billion, an analysis found.
Since Intel Corp. announced that Lip-Bu Tan would take over as CEO last week, the company’s shares have soared. Now, as Tan ...
Shares of Intel, Monday's biggest Nasdaq gainer, are extending their increases in premarket trading as CEO Lip-Bu Tan begins ...
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.
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