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The Latest Breaking News from LipBu Tan

Why Does Trump Want the Intel CEO to Resign? Lip-Bu Tan's Investments in Chinese Firms Raise Alarm

US President and a prominent political figure, Donald Trump, has publicly demanded the resignation of Intel's chief executive, Lip-Bu Tan.

International Business Times UK

Trump calls on CEO of tech firm Intel to resign over China investments

The Republican president criticised CEO Lip-Bu Tan for being ‘conflicted’ due to his ties to Chinese technology firms.

Al Jazeera

Intel shares fall after Trump demands the CEO 'resign, immediately'

Trump said Intel Chief Executive Lip-Bu Tan “is highly CONFLICTED."

Fortune

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Trump accuses Intel CEO of being ‘highly conflicted,’ demands resignation as Tom Cotton highlights reporting into China ties

“The CEO of Intel is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!” Trump wrote Thursday morning.

Fortune

Trump says Intel CEO 'must resign immediately' as US senator questions Lip Bu Tan's China ties

This is all getting a bit much.

PC Gamer

Trump Calls For 'Highly Conflicted' Intel CEO's Resignation: 'There Is No Other Solution'—Stock Falls Nearly 4% In Pre-Market

President Donald Trump called for the immediate resignation of Intel (NASDAQ:INTC) CEO, Lip-Bu Tan, citing a conflict of interest.

Benzinga

U.S. Senator probes Intel board over CEO Lip-Bu Tan's former China links —raises national security concerns amid Cadence scandal

Senator Tom Cotton is pressing Intel’s board over CEO Lip-Bu Tan’s past China investments and whether he knew about subpoenas tied to Cadence, his former company, which recently pleaded guilty to selling chip design tools to a Chinese military university during his tenure.

Tom’s Hardware

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Under AMD, Qualcomm Competitive Heat, Intel Gets Hit With Fitch Credit Downgrade

Intel Corp. (NASDAQ:INTC) has been downgraded by Fitch Ratings, which cited growing pressure from rivals Advanced Micro Devices (NASDAQ:AMD) and Qualcomm Inc. (NASDAQ:QCOM) and the company's ongoing struggle to maintain demand for its semiconductor products.

Benzinga

Intel Exec Exodus As CEO Lip-Bu Tan Slashes Workforce, Delays Ohio Chip Plant In Major Shake-Up: Report

Intel Corp.'s (NASDAQ:INTC) new CEO, Lip-Bu Tan, is overhauling the chipmaker's manufacturing operations, cutting thousands of jobs, delaying projects and witnessing the retirement of key executives as part of a sweeping reset.

Benzinga

Is Intel Stock a Hidden AI Winner?

If Intel’s turnaround story is successful, the stock could see significant long-term gains. However, it will take patience and trust.

Barchart

Intel spins off Network and Edge computing groups in latest major company change

CEO Lip-Bu Tan wants to spin off Intel's Network and Edge Group to boost profitability.

TechRadar

Intel spins off Network and Edge group as standalone business after posting $2.9b loss — seeking investors for NEX division amid massive internal restructuring

Intel will spin off its Network and Edge Group (NEX) into a standalone company, seeking external investors while keeping a minority stake. The move follows Intel’s $2.9B quarterly loss, a 15% workforce cut, and warnings that its 14A node could be canceled without a major external partner.

Tom’s Hardware

Intel plans to slash 25,000 jobs in 2025 as new CEO warns, ‘There are no more blank checks’

CEO Lip-Bu Tan sent a memo informing employees of significant ongoing layoffs and cost-cutting.

Fortune

'I do not subscribe to the belief that if you build it, they will come' says Intel's new CEO, calling past investments 'unwise and excessive'

Putting a stop to Gelsinger's 'bet it all' strategy.

PC Gamer

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PC Gamer

Intel's German megafab dream is over: CEO Lip-Bu Tan kills the project, beset with setbacks from EU funding to ancient neolithic remains, to save cash

The ambitious project was a win for Europe. Now it's resigned to wishful thinking.

Benzinga

Intel Stock Declines Over 7% In Friday Pre-Market: What's Going On?

Shares of Intel Corp. (NASDAQ:INTC) declined 7.34% in Friday pre-market, after its Q2 earnings per share (EPS) fell short of expectations.

TechRadar

Intel set to cut thousands more jobs as it cancels several fab projects

Intel wants to have 75,000 workers by the end of 2025, with many being forced to return to the office.

Benzinga

Intel Eyes Aggressive 2026 CapEx Cuts After 'Excessive' Spending: 'We Will Build What Customers Need, When They Need It,' Says CEO Lip-Bu Tan

Intel Corp. (NASDAQ:INTC) is signaling a dramatic shift in its capital expenditure strategy, with plans for aggressive cuts in 2026, as CEO Lip-Bu Tan pledges to prioritize demand-driven investments over what he describes as “unwise and excessive” spending of the past.

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Euronews

Intel announces more job cuts and drops projects in Europe in plan to save the company

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's future, as it has just reported further losses for the second quarter of the year.

International Business Times

US Chip Maker Intel Says Revenue Rose As It Cut Ranks

Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its workforce to be "more agile."

Benzinga

Intel CEO Says He's 'Making Hard But Necessary Decisions' As Chipmaker Announces Massive Layoffs, Project Cancellations

Intel Corporation (NASDAQ:INTC) is undertaking sweeping layoffs and global project cuts as part of a major overhaul aimed at restoring its competitive edge in the AI-dominated semiconductor landscape.

Barchart

Dear Intel Stock Fans, Mark Your Calendars for July 24

As Intel gears up to lift the curtains on its second-quarter earnings on July 24, it might be wise to pay attention to the stock now.

TechRadar

Intel slashes even more workers to help meet 20% workforce cut goal

Intel is set to lay off 5,000 more workers, including 2,500 in Oregon and 2,000 in California, as it flattens company structure.

Tom’s Hardware

Intel allegedly planning more Oregon layoffs — new report says retreating operation could become a liability to the state

The Intel Oregon workforce is down to its lowest point in more than a decade, but there may be more cuts on the way.

Windows Central

Intel is laying off thousands of US workers in AI restructuring — CEO Lip-Bu Tan says it's "too late" to catch up with the competition

Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to reduce its expenses.

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