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After all, Lip-Bu Tan is not just tweaking the playbook for Intel stock – he’s rewriting it! Since stepping into the role in ...
Intel has announced plans to spin off its Network and Edge Group (NEX) into an independent company, as part of a broader restructuring initiative under CEO Lip-Bu Tan. In a memo sent to customers, ...
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
Intel warns it could bail on developing new chip manufacturing tech if can't attract customers to its 14A manufacturing node.
Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Even after missing out on the smartphone revolution, the automotive sector, and the age of artificial intelligence, Intel ...
The Intel share is up just 2% for the year. It has lagged far behind rivals, as AI darling Nvidia has jumped 30% while AMD ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.Most ...
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...