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What is Lip-Bu Tan doing for Intel stock that’s different from Pat Gelsinger?
Intel Corp (NASDAQ: INTC) tanked nearly 10% on Friday even though the chipmaker, under its new chief executive Lip-Bu Tan, ...
‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
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'No more blank checks': Intel looks committed to Arizona, even as it retreats elsewhere
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Intel plans to slash 25,000 jobs in 2025 as new CEO warns ‘there are no more blank checks’
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
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CEO Lip-Bu Tan’s Intel overhaul: 15% job cuts, factory pauses
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
Intel cuts back spending, workforce as struggling chip maker mounts comeback
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
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Intel stock plunges after CEO’s strategy shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel's German megafab dream is over: CEO Lip-Bu Tan kills the project, beset with setbacks from EU funding to ancient neolithic remains, to save cash
Even in the US, where there's a push for more domestic manufacturing, especially in semiconductors, by consecutive governments, Intel is ramping down construction. Lip-Bu Tan has said it is slowing ...
Intel Beats Q2 Earnings Estimates As CEO Promises A More Disciplined Foundry Play
Intel CEO Lip-Bu Tan remained upbeat as the chip maker disclosed a $2.9 billion loss for the second quarter of 2025, compared ...