Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business require major ...

Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as ...

Intel ’s stock is soaring after Lip-Bu Tan, a respected veteran in the semiconductor industry, was chosen as its new CEO. The ...

Semiconductor veteran and former board member Lip-Bu Tan has returned to the company in a time of great need. The path ahead ...

The interim leaders "brought the discipline and focus needed to improve our execution, stabilize our performance and position our company for the future," Intel Chairman Frank Yeary said in a public ...

Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a world-class foundry and delight our customers like never before,” Tan said in a ...

Lip-Bu Tan, a seasoned technology executive, will take on the leadership role next week as the chipmaker pursues a turnaround strategy.

Intel’s foundry made $17.5 billion in revenue in 2024, a 7% drop from the previous year, while losing $13.4 billion.

Shares of Intel Corp. jumped 15% after the company named Lip-Bu Tan as its next chief executive officer, entrusting a former ...