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 shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.
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 ...
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.
“We believe (Intel) has a greater opportunity to restructure/turn things around under his leadership,” Bank of America’s ...
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 ...
TSMC has proposed jointly operating Intel's foundry division with Nvidia, Advanced Micro Devices (AMD), and Broadcom. U.S.
The founder of TSMC, Morris Chang, and former Intel CEO Craig Barrett, both seasoned veterans in the semiconductor industry, ...
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