Intel’s New CEO Promises ‘The New Intel’ Will Be Better Than the Old One
Intel has a new boss. The new chief executive officer is Lip-Bu Tan, a former Intel board of directors member and chip software maker Cadence Design Systems. He’s promising to “double down” on things that are working and “take calculated risks” where things aren’t working nearly as well.
Intel’s foundry made $17.5 billion in revenue in 2024, a 7% drop from the previous year, while losing $13.4 billion.
Lip-Bu Tan may be one of the most powerful technology executives you've never heard of. As he steps into one of the ...
When Pat Gelsinger tool the helm at Intel in 2021, the company was already in rough shape. Here's what Intel's new CEO is ...
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 ...
“We believe (Intel) has a greater opportunity to restructure/turn things around under his leadership,” Bank of America’s ...
Intel shares popped more than 14% after the struggling chipmaker named Lip-Bu Tan its new CEO and Wall Street cheered the ...
Intel named Lip-Bu Tan as its new chief executive, selecting a former board member and longtime industry executive to help ...
Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals.
TSMC has proposed jointly operating Intel's foundry division with Nvidia, Advanced Micro Devices (AMD), and Broadcom. U.S.
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