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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 warns it could bail on developing new chip manufacturing tech if can't attract customers to its 14A manufacturing node.
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
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 CEO Pat Gelsinger at the company's corporate headquarters in Silicon Valley. His hiring represents a bold gamble that the company can secure its future by looking to the past.
Intel Corp.’s future would be a disaster without Pat Gelsinger. But even with the chief executive's clear vision, fantastic leadership, deep technical and business acumen and amazing positivity, the ...
Intel's former CEO Pat Gelsinger is in line to receive millions of dollars in severance and other compensation following his decision this weekend to step down and retire from the struggling ...
Intel announced today that Bob Swan will step down as CEO on February 15, and former Intel executive and VMware CEO Pat Gelsinger will become Intel’s new top boss.. The transition highlights the ...
Intel said Thursday it will pay Gelsinger $1.25 million in base salary, a $1.75 million hiring bonus and an annual bonus valued at $3.4 million, depending on performance.