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 ...
Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.
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 ...
Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as ...
“We believe (Intel) has a greater opportunity to restructure/turn things around under his leadership,” Bank of America’s ...
Intel’s (INTC) new CEO Lip-Bu Tan brings two decades of semiconductor industry experience and relationships across the sector, but also comes ...
TSMC has proposed jointly operating Intel's foundry division with Nvidia, Advanced Micro Devices (AMD), and Broadcom. U.S.
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