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Intel CEO Lip-Bu Tan Weighs Ending Marketing Of Expensive Chip Manufacturing As Losses Mount And Rival TSMC Surges Ahead: Report
Wednesday, July 2, 2025 - 1:04am | 685Intel Corp. (NASDAQ:INTC) CEO Lip-Bu Tan is reportedly evaluating whether to stop marketing the company's costly 18A chipmaking process to outside customers, a move that could signal a major strategic pivot amid mounting financial losses and fierce competition from Taiwan Semiconductor...
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Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says 'Clearly, There Are No Quick Fixes,' But Investors Should 'Stay Tuned'
Friday, April 25, 2025 - 1:23am | 651As Intel Corporation (NASDAQ:INTC) works to reclaim its position in the semiconductor race, its new CEO is urging patience from investors. What Happened: On Thursday, during Intel's first-quarter financial earnings call, CEO Lip-Bu Tan was asked how long Intel's transformation might take. In...
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Alphabet, Intel, Meta, Amazon, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, April 24, 2025 - 9:41pm | 691U.S. stocks climbed for a third straight session, notching their longest winning streak since early April. The Nasdaq jumped 2.7% to close at 17,166.04, while the S&P 500 gained 2% to finish at 5,484.77. Investor sentiment was lifted by upbeat corporate earnings and easing trade tensions,...
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Intel Stock Rallies On Layoff Buzz As Wall Street Braces For Threadbare Q1 Earnings
Thursday, April 24, 2025 - 1:23pm | 667Intel will be reporting its first-quarter earnings on Thursday. Wall Street expects one cent in EPS and $12.30 billion in revenues as the company reports after market hours. The stock is down 39% over the past year, but has gained nearly 4% year to date. Let's look at what the charts indicate for...
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Intel To Report Q1 Earnings Under New CEO: Revenue, Restructuring, Tariff Concerns On Watch
Thursday, April 24, 2025 - 12:09pm | 552Intel Corp. (NASDAQ:INTC) is set to release its first-quarter financial results after Thursday's closing bell. Here's a look at what to watch in the report. New CEO: Thursday's earnings release will be Intel's first under new CEO Lip-Bu Tan who took over last month amid significant challenges and...
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Tesla, Intel, Enphase, Oklo, And RTX: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, April 22, 2025 - 11:12pm | 859U.S. stock futures saw an uptick Tuesday night following President Donald Trump‘s statement that he has “no intention” of dismissing Federal Reserve Chair Jerome Powell. For the day, the Dow Jones Industrial Average ended 2.7% higher at 39,186.98, while the S&P 500 rose 2.5%...
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Intel Plans To Slash Over 20% Of Workforce As Lip-Bu Tan Carries Out Major Restructuring: Report
Tuesday, April 22, 2025 - 9:50pm | 443Intel Corporation (NASDAQ:INTC) reportedly plans to reduce more than 20% of its workforce as part of a major overhaul under new CEO Lip-Bu Tan. What Happened: The layoffs are targeted toward reducing bureaucracy and streamlining Intel's focus on engineering excellence, reported Bloomberg on Tuesday...
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OpenAI's Codex CLI, Intel's Reshuffle, And Nvidia's $500B Commitment: This Week In Artificial Intelligence
Sunday, April 20, 2025 - 9:01am | 659The past week has been a whirlwind in the world of artificial intelligence (AI), with major players making significant moves. OpenAI launched a new coding agent, Intel’s CEO initiated a leadership shakeup, and Nvidia faced a $17 billion hit in the AI arms race. Meanwhile, Microsoft debuted a...
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Intel CEO Lip-Bu Tan Slams 'Suffocating' Bureaucracy — Puts AI Front And Center With Leadership Reshuffle: 'Want To Roll Up My Sleeves…'
Thursday, April 17, 2025 - 11:56pm | 553Intel Corp (NASDAQ:INTC) CEO Lip-Bu Tan has reportedly unveiled a significant leadership shakeup, aiming to streamline the company's operations and put artificial intelligence at the forefront of its strategy. What Happened: In an internal memo, Tan announced that key chip groups within Intel,...
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New Intel CEO Lip-Bu Tan Linked To Hundreds Of Chinese Tech Firms, Including Companies Tied To China's Military: Report
Friday, April 11, 2025 - 4:14am | 801Intel Corp's (NASDAQ:INTC) newly appointed CEO, Lip-Bu Tan, has deep financial ties to China's tech sector, including investments in companies reportedly linked to the Chinese military. What Happened: Tan has control over more than 40 Chinese companies and investment funds and holds minority stakes...
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TSMC Steps Up To Take 20% Stake In Joint Venture With Intel As Struggling Chipmaker Grapples With Nearly $19 Billion Losses In 2024: Report
Thursday, April 3, 2025 - 10:35pm | 715Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is reportedly set to acquire a 20% stake in a new joint venture with Intel Corp (NASDAQ:INTC), aimed at addressing the U.S. chipmaker's ongoing struggles, including its $18.8 billion net loss in 2024. What Happened: Intel and TSMC have reached a...
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Intel Faces Make-Or-Break Moment: Can New CEO Lip-Bu Tan Turn It Around?
Tuesday, April 1, 2025 - 11:24am | 643Intel Corp (NASDAQ:INTC) just got a new captain, but it's going to take more than a fresh face to turn this ship around. CEO Lip-Bu Tan has stepped in with bold plans to spin off non-core units, add more engineers, and – perhaps most notably – ask customers for unfiltered feedback. Wall...
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Intel's New CEO Lip-Bu Tan Says Trump Administration Ready To Help Beleagured Chipmaker, Warns 'Bureaucracy Kills Innovation'
Monday, March 31, 2025 - 10:50pm | 706Intel Corp's (NASDAQ:INTC) Lip-Bu Tan made bold promises about the company's future during his first public speech as CEO on Monday, highlighting a major cultural overhaul and signaling potential support from the Donald Trump administration. What Happened: Tan, who took over as CEO earlier in March...
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Intel Should Stop Competing With TSMC's Cutting-Edge Chips And Merge With Mature Node Giants, Says TSMC Veteran Chiang Shang-Yi
Saturday, March 29, 2025 - 1:31am | 698A former executive at Taiwan Semiconductor Manufacturing Company (NYSE:TSM) said Intel Corporation (NASDAQ:INTC) is too far behind to catch up—and should focus on mature process chips instead of trying to rival the world's top chip foundry. What Happened: At a book launch event in Taiwan earlier...
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Intel Board Shake-Up Continues As Three Directors Exit Amid Leadership Overhaul Under CEO Lip-Bu Tan
Friday, March 28, 2025 - 6:31am | 723Intel Corporation (NASDAQ:INTC) is undergoing another wave of leadership changes as three board members prepare to step down, signaling a continued shift in strategy under newly appointed CEO Lip-Bu Tan. What Happened: According to a regulatory filing on Thursday, Intel announced that Omar Ishrak,...