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Destination
Intel names Lip-Bu Tan its new CEO

Intel has a new leader at the helm, hoping to change course after a challenging period for the chipmaker. The company announced today that Lip-Bu Tan will serve as its new CEO effective March 18. He assumes the mantle from interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus, who took over after the abrupt retirement of Pat Gelsinger late last year.<br /> "Intel has a powerful and differentiated computing platform, a vast customer installed base and a robust manufacturing footprint that is getting stronger by the day as we rebuild our process technology roadmap," Tan said. "I am eager to join the company and build upon the work the entire Intel team has been doing to position our business for the future."<br /> As part of his appointment, Tan wi [...]

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Intel CEO Lip-Bu Tan responds to Trump comments that he should resign

Intel CEO Lip-Bu Tan has responded after Donald Trump accused him of being "highly conflicted" and said he should resign, according to The Financial Times. "There has been a lot of misi [...]

Match Score: 165.92

Destination
Intel's CEO has successfully wooed President Trump

It sounds like President Trump no longer thinks Intel's CEO should resign. Trump has revealed on Truth Social that he met with Lip-Bu Tan, Howard Lutnick, the Secretary of Commerce, and Howard Lu [...]

Match Score: 152.68

Destination
The US government is taking an $8.9 billion stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]

Match Score: 146.47

Destination
Intel confirms layoffs as it tries to 'make engineers more productive'

Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs. It was reported this week that the company could lay off around 20 percent [...]

Match Score: 137.92

Destination
The US government is taking a 10 percent stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]

Match Score: 135.28

Destination
Intel gives us a glimpse of its Panther Lake Core Ultra chips

If Intel wants to come back as a chip fab, its upcoming Core Ultra series 3 laptop processors will be a crucial part of that. The company has just revealed more information about those processors (cod [...]

Match Score: 89.20

Destination
Intel may be preparing to lay off 20 percent of its staff

Intel is reportedly preparing to further reduce its headcount, this time by laying off more than 20 percent of its employees. It could announce a plan to do so as soon as this week. The struggling com [...]

Match Score: 82.70

Destination
The US government drops its CHIPS Act requirements for Intel

Intel no longer has to fulfill certain requirements or meet milestones that it was originally supposed to under the CHIPS Act, now that the government is taking a stake in the company. According to th [...]

Match Score: 79.85

Destination
Intel is selling off a majority stake in chip-maker Altera for $4.46 billion

Intel is selling off its majority share in chip-maker Altera as part of its new CEO's first steps toward stabilizing the company. The 51 percent stake sold today for $4.46 billion in a deal that [...]

Match Score: 75.56