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Tan, once CEO of chipmaker Cadence Design Systems, didn’t come to the first quarter earnings call armed with a detailed plan ...
Intel posts strong Q1 EPS and sales beat, but weak Q2 guidance and challenges in the Foundry segment impact stock. Read here ...
Today’s earnings call is notable as the first for the company since Lip-Bu Tan (pictured) took over the reins as the ...
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 Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action under new Chief Executive Lip-Bu Tan, but its stock tumbled on its outlook, ...
In August of 2024, having fallen behind its competitors in the chipmaking industry, Intel announced a companywide ...
The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...
Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...
New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White House ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce specific layoff numbers.
Intel shares dipped 7% in after-hours trading after Lip-Bu Tan, a former Intel board member who took over as CEO in March, said on an earnings call that the chip firm expects revenue and gross margin ...
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