Intel (INTC) has had a rough few years, but its board isn’t backing down from its turnaround efforts. With former CEO Pat Gelsinger stepping ...

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.

His appointment comes three months after the company ousted Pat Gelsinger, whose ambitious turnaround strategy failed to restore investor confidence. Intel has appointed Lip-Bu Tan as its new CEO ...

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. The company ...

BROWNSVILLE, Brooklyn (WABC) -- An investigation is underway after a young boy and his mother were discovered dead inside of their Brooklyn apartment on Tuesday, according to police sources.

Embattled chipmaker Intel Corp. is hopeful of better days ahead after hiring Lip-Bu Tan as its new chief executive, ending a months-long search for a new leader that followed the ouster of its ...

Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around a once-dominant company that ...

Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan t o be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board ...

Dave Lee is Bloomberg Opinion's US technology columnist. He was previously a correspondent for the Financial Times and BBC News. After a search for a new chief executive officer that lasted more ...

Intel (INTC) stock is up 10% in after hours trading on news that the chipmaker has named Lip-Bu Tan as its new permanent CEO. Easily identify stocks' risks and opportunities. Discover stocks ...