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The Latest Breaking News from LipBu Tan

Intel confirms upcoming layoffs as new CEO reveals return to office mandate in big shake-up

Lip-Bu Tan wants to flatten Intel by removing layers of management, but workers will have to be in the office four days a week.

TechRadar

Intel Chief Vows To Thin Ranks At US Chip Maker

New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White House tariffs and export restrictions muddy the market.

International Business Times

'There are no quick fixes': Intel's CEO gives Wall Street a reality check about the chipmaker's would-be turnaround

New CEO Lip-Bu Tan gave a broad outline of how he plans to revive the ailing chipmaking giant.

Fortune

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Seismic Shift at Intel: Massive Layoffs Precede Crucial Earnings

Intel, led by new CEO Tan, is focusing on efficiency with substantial layoffs to streamline operations ahead of its upcoming first-quarter financial report.

MarketBeat

Dear Intel Stock Fans, Mark Your Calendars for April 29

Down 40% in the past year, Intel stock remains under pressure in 2025. But can INTC stock rebound?

Barchart

Intel will reportedly fire fully 20% of its workforce and focus on 'engineering', a plan that sounds all too familiar at this point

New CEO, same old staff cuts?

PC Gamer

Intel to cut over 20,000 employees, says report — and middle managers are on the chopping block

Intel is reportedly laying off over 20,000 employees, with middle management in the spotlight as the company restructures under new CEO Lip-Bu Tan.

Windows Central

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Intel reportedly set to announce huge layoffs - 20% of workforce could be cut

Intel reportedly planning to lay off 21,000 workers.

TechRadar

Intel To Cut Over 21,000 Jobs As New CEO Reshapes Company Strategy: Report

The layoffs are part of CEO Lip-Bu Tan's plan to simplify management and focus on rebuilding a strong engineering culture. At the end of last year, Intel had about 108,900 employees after already cutting 15,000 jobs in August 2024.

International Business Times

Intel to announce a 20% workforce cut this week: Report

Intel is reportedly planning to cut over 20,000 jobs as part of new CEO Lip-Bu Tan's push to streamline management, reduce costs, and refocus the company amid ongoing business struggles.

Tom’s Hardware

CEO reorganizes Intel with new CTO and AI lead

Intel's Lip-Bu Tan has overhauled leadership by naming Sachin Katti as CTO and AI chief, flattening the structure, and taking direct control of key technology developments.

Tom’s Hardware

Strategic Reset Begins: Intel Sells Controlling Stake in Altera

Intel divests its Altera majority stake to Silver Lake, focusing resources on core priorities and its ambitious foundry expansion.

MarketBeat

Is Intel Stock a Buy, Sell, or Hold on Altera Stake Sale?

Intel is offloading a majority stake in Altera as new CEO Lip-Bu Tan lines up his first moves.

Barchart

Intel sells 51% of Altera FPGA business to Silver Lake for $4.46 billion

Intel is selling a 51% stake in Altera to Silver Lake for $4.46 billion as part of a strategy to streamline operations and focus on core products.

Tom’s Hardware

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Windows Central

Intel agrees to $4.46 billion sale of majority stake in Altera to Silver Lake — "Sharpening our focus, lowering our expense structure"

Intel's CEO calls it a "commitment to sharpening our focus" as the company continues its revitalization efforts in the United States.

Fortune

Intel’s new CEO invested at least $200 million in Chinese businesses, some with links to the country’s military, report says

There is no evidence that Tan currently invests directly in companies on the U.S. Treasury’s Chinese Military-Industrial Complex Companies List, according to Reuters.

Tom’s Hardware

Intel CEO Lip-Bu Tan has invested in 600 Chinese firms, some linked to the Chinese military

Intel's CEO, Lip-Bu Tan, has invested hundreds of millions of dollars in Chinese companies linked to the military and surveillance sectors, raising national security questions amid Intel's ties with the U.S. defense industry.

Tom’s Hardware

Intel CEO Lip-Bu Tan loses $5 million on his $25 million Intel investment as stock tumbles

Intel CEO Lip-Bu Tan lost around $5 million in value when Intel stocks dropped from around $24 per share to less than $19.

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Barchart

Intel’s New CEO Is Talking the Talk and Winning Over Analysts. Should You Buy INTC Stock Now?

Down over 70% from record highs, Intel is a tech stock that trades at a discount to consensus price target estimates in April 2025.

Laptop

Intel's new CEO Lip-Bu Tan has a retro vision for Intel's future, but is nostalgia the key to success?

Intel is resurrecting the classic “Intel Inside” marketing strategy you may remember from the 90s. The nostalgic branding was announced as part of Intel Vision this week in Las Vegas, NV. The intent is to make Intel a household name again, but can it succeed?

Barchart

Intel Stock Is Falling Victim to the Trade War. How Should You Play INTC Here?

China’s retaliatory tariffs on American goods are hurting Intel stock on Friday. But a UBS analyst sees reason to buy INTC shares on the pullback.

MarketBeat

Intel’s Big Bet on 18A: Will Lip-Bu Tan’s Vision Pay Off?

Intel takes a step in its recovery plan by starting 18A risk production, validating its technology roadmap under new CEO leadership.

Windows Central

Intel's new CEO requests "brutal honesty" from partners in his first keynote speech — Determined to build a "world-class" foundry

Lip Bu-Tan took to the stage at the enterprise-centric Intel Vision 2025 event to share his vision of the company's optimistic future.

Tom’s Hardware

Lip-Bu Tan's first speech as Intel CEO focuses on innovation and working with foundry customers

Intel CEO Lip-Bu Tan made his first keynote speech, laying down the path he intends to take for the company and soliciting customer feedback.

TechRadar

New Intel CEO says company will spin off non-Core units, tells customers to "be brutally honest with us"

Lip-Bu Tan reveals plans to point Intel back in the right direction, including spinning off non-core assets.

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