Intel's incoming CEO Lip-Bu Tan is charting a new trajectory to the company's approach to AI and planning on staff cuts to ...

Tan, who starts officially on Tuesday, told employees in a meeting that hard decisions are coming. This could mean the ...

The new trajectory includes restructuring the company's approach to AI and staff cuts to address what Tan views as a slow-moving and bloated middle management layer ...

Lip-Bu Tan will prioritize streamlining operations — including slimming middle management — while rethinking Intel's approach to AI, Reuters reports, citing anonymous sources.

Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.

Intel's new CEO, Lip-Bu Tan, plans significant overhauls in chip manufacturing and AI strategies. Amidst staff cuts and a ...

Intel stock surged Monday following a report on incoming CEO Lip-Bu Tan's plans to turn around the struggling chipmaker.

Shares of Intel ( INTC 8.09%) are surging on Monday. The company's stock had gained 6.8% at noon ET and was up as much as 8.7 ...

Silicon Valley investors love to romanticize iconoclasts and visionaries who bend technology and markets to their iron will.

Lip-Bu Tan, a former member of Intel’s board and a vocal critic of former CEO Pat Gelsinger, will be taking the helm on ...

Intel Corp.'s new chief executive Lip-Bu Tan will have a vested interest in whether his efforts to turn around the chip company pan out. Tan intends to purchase about $25 million in stock from the ...

Intel's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and AI strategies ahead of his return.