News

‘There are no quick fixes’: Intel’s CEO gives Wall Street a reality check about the chipmaker’s would-be turnaround
Intel’s new CEO dispelled hope for a quick solution to his company’s problems that have turned the one-time chip making titan ...
Intel offers weak forecast amid trade tensions as CEO talks to TSMC
Intel forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO ...
Intel is joining the hardcore tech bandwagon: 'The best leaders get the most done with the fewest people'
The CEO's Thursday memo reflects a broader cultural crackdown across tech.
Intel CEO’s Bid to Revive Company Overshadowed by Bleak Outlook
Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...
Intel CEO Lip Bu Tan Takes Bold Steps To Revive Chipmaker, Says Bureaucracy Is 'Suffocating The Innovation'
Intel Corp. CEO Lip Bu Tan is taking action to revive the struggling chipmaker, announcing significant organizational changes ...
Intel’s new CEO signals streamlining efforts but does not spell out exact layoff numbers
Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.
Intel CEO unveils major workplace overhaul to boost innovation, slams 'suffocating' bureaucracy
Intel CEO Lip-Bu Tan started his first quarterly earnings presentation at the helm of the troubled chipmaker by announcing a ...
Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says 'Clearly, There Are No Quick Fixes,' But Investors Should 'Stay Tuned'
Intel CEO Lip-Bu Tan says there are "no quick fixes" as the company works through a long-term turnaround strategy amid a 64% ...
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Intel is too slow and too complex CEO tells employees
Intel CEO Lip-Bu Tan did indeed announce that Intel would be reducing its workforce but didn’t say by how much. This is part ...
Intel reverses course, opts not to spin out Intel Capital
Intel Capital was set to be spun out of its parent company. Now, Intel's new CEO, Lip-Bu Tan, is changing course.
Intel plans more workforce reduction. Folsom offices laid off over 1,000 so far
Intel CEO Lip-Bu Tan wrote Thursday in a memo to employees he's a big believer in “the best leaders get the most done with ...
Intel will require four-day office work week as it aims to ‘flatten organization’
Today is Intel’s Q1 2025 earnings call, and the first we’re truly hearing from new Intel CEO Lip-Bu Tan, who took over the ...