After all, Lip-Bu Tan is not just tweaking the playbook for Intel stock – he’s rewriting it! Since stepping into the role in ...

On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

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 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 CEO Pat Gelsinger spelled out his AI vision in April 2024. Frank Yeary, an independent board member and chairman of the board of Intel, will become interim executive chair during the ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel CEO Pat Gelsinger speaks during an event called AI Everywhere in New York, Dec. 14, 2023. Gelsinger announced his retirement Monday. Seth Wenig / AP ...

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'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 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 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.

W hen Intel announced the return of Pat Gelsinger as CEO back in 2021, it was to pretty universal acclaim. But now he's gone and it feels like all hope is in tatters. So, what does it all mean for ...