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

Intel’s stock rose on Monday as investors reacted to reports that incoming CEO Lip-Bu Tan is preparing sweeping changes to ...

Key Takeaways The S&P 500 edged up 0.6% on Monday, March 17, after a report showed that retail sales recovered in February ...

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.

Google Cloud hires executives from Microsoft to drive AI and cloud computing, while several Google cybersecurity leaders ...

Intel's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial ...

Lip-Bu Tan, who takes over as Intel CEO on Tuesday, is planning to overhaul the struggling chipmaker’s manufacturing business ...

Intel's new CEO is leading a bold turnaround to reclaim tech leadership with innovations in CPUs, foundry expansion, and ...

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% earlier in the day. The strong performance comes as the S&P 500 index ...

Lip-Bu Tan, a former member of Intel’s board and a vocal critic of former CEO Pat Gelsinger, will be taking the helm on ...

Intel's new CEO will prioritize streamlining operations — including slimming middle management — while rethinking its approach to AI, Reuters reports, citing anonymous sources.