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The Latest Breaking News from LipBu Tan

Intel Wraps Up Altera Stake Sale In Bid To Streamline Business

Intel Corp. (NASDAQ:INTC) shares rose on Monday after the company announced the completion of a long-anticipated deal to sell a majority stake in its Altera business to Silver Lake. The transaction, originally signed on April 14, 2025, closed on September 12 after meeting all conditions.

Benzinga

Intel Xeon chief architect leaves just 8 months after appointment — Ronak Singhal latest departure in ongoing shakeup

Ronak Singhal, Intel Xeon chief architect, departs from the company just eight months after his appointment and after 28 years at the company.

Tom’s Hardware

Why Intel just cut a top exec — and didn’t replace her

Intel has announced major leadership changes as CEO Lip-Bu Tan drives a turnaround. Michelle Johnston Holthaus exits after 30 years, while new hires and expanded roles signal a push into custom silicon, foundry services, and a flatter structure to compete with AMD.

Windows Central

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New Intel executive reshuffle sees products chief Holthaus leave after 30 years

30-year Intel exec set to leave the company after serving as interim co-CEO and Chief Exec of Products.

TechRadar

Intel reshuffle puts engineering and 'a new custom silicon business' in the spotlight but also ends a 30-year career at Intel for Product CEO Michelle Johnston Holthaus

Who knows what Intel will look like after it all plays out.

PC Gamer

Intel ousts CEO of Products as part of the latest executive shake-up, ending 30-year career — company also establishes new custom chip design unit

Intel has ousted its CEO of Products, Michelle Johnston Holthaus, a 30-year veteran of the company, as part of a shakeup of executive structure. CEO, Lip-Bu Tan wants more people answering directly to him as he looks to steer the ship back towards profitability and relevance.

Tom’s Hardware

Intel, Now Backed By Trump Administration, Announces Major Leadership Reshuffle: 30-Year Products Veteran To Step Down

On Monday, Intel Corp. (NASDAQ:INTC) announced new executive changes as CEO Lip-Bu Tan works to streamline operations and reassure investors following the U.S. government's unprecedented move to take a 10% stake in the chipmaker.

Benzinga

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Intel just got $5.7B from the US government — but Trump could block foundry spinoff

The US now owns 9.9% of Intel and wants the chipmaker to retain control of its foundry business.

Windows Central

‘I own the store and I set the prices’: Trump’s corporate extortion scheme turns America into his personal ‘giant department store’

The country looks more like China than America now.

We Got This Covered

Can Intel Stock Stage a Comeback Against AMD and Nvidia?

Intel’s efforts could help reverse years of decline. However, that could take a while.

Barchart

'State-owned enterprise is not the American way' — GOP senators, former Trump associates question White House’s 10% stake in Intel, critics brand move as socialism

Several Republican senators and party members are questioning President Trump’s deal with Intel, saying it’s not “the American way.”

Tom’s Hardware

Trump's Intel deal gambles with the perils of picking national champions

Also: All the news and watercooler chat from Fortune.

Fortune

Intel Is Trading at a Valuation Not Seen Since the Dot-Com Era. Will Trump Sweeten the Deal for INTC Stock?

It’s unclear if Intel will be able to grow its foundry business and benefit from the stakes taken by the Trump administration and SoftBank.

Barchart

Intel Stock Is Trading Higher Monday: What's Going On?

Intel Corp (NASDAQ:INTC) shares are trading higher Monday after the U.S. government announced plans to take a 10% stake in the chipmaker.

Benzinga

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news in one place.

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Benzinga

'Trump Wasn't Hired To Run A Hedge Fund,' Says Peter Schiff As Intel Deal Divides Experts Amid Calls To Break Taiwan Dependence For Chips

Economists and tech analysts are divided over President Donald Trump's decision to give the U.S. government a 10% stake in Intel Corporation (NASDAQ:INTC), with some calling it unconstitutional and others praising it as crucial for national security and semiconductor independence.

The Independent UK

Trump says Intel will give US government a 10% stake in its business

Deal comes despite Trump calling for Intel CEO to resign earlier this month for being ‘highly conflicted’

International Business Times

Trump, Intel Announce Deal Giving US A 10% Stake In Chipmaker

Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald Trump announced Friday.

The Guardian - US

Trump says Intel has agreed to give US government a 10% stake

Unprecedented deal comes after president demanded CEO Lip-Bu Tan to resign over his ties to Chinese firms

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Top News

Trump Announces Billion Deal With Intel CEO

President Trump secures billion stake deal with Intel to boost US semiconductor manufacturing and national security.

Fortune

Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’

Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash grants Intel has received.

Al Jazeera

Trump says US to take 10 percent stake in Intel

The extraordinary development follows a meeting between CEO Lip-Bu Tan and Trump after he called for Tan’s removal.

Windows Central

The US government now owns nearly 10% of Intel — here’s why it happened

The US government now owns nearly 10% of Intel after an $8.9 billion deal, combining CHIPS Act funding and national security grants — here’s why it matters for America’s chip strategy.

Euronews

US government pushes for 10% Intel stake amid US-China chip war

The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley.

Tom’s Hardware

White House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'

The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.

Benzinga

Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: 'Why Are We Giving A Company Worth $100 Billion, This Kind of Money?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. (NASDAQ:INTC) under the CHIPS Act into an equity stake, arguing that taxpayers deserve a return instead of providing “giveaways to rich companies.”

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