Shares of Intel, Monday's biggest Nasdaq gainer, are extending their increases in premarket trading as CEO Lip-Bu Tan begins his role at the helm of the struggling chipmaker.
Intel CEO Lip-Bu Tan has reportedly set his top priorities for turning the company around which could include job cuts.
Following reports of Tan’s potential overhaul, Intel’s stock surged over 8 pre cent in mid-day trading on Nasdaq.
Intel's new leadership moves signal transformative changes. Click here to read why INTC stock has so much upside with limited downside.
Intel's incoming CEO Lip-Bu Tan is charting a new trajectory to the company's approach to AI and planning on staff cuts to ...
The new trajectory includes restructuring the company's approach to AI and staff cuts to address what Tan views as a slow-moving and bloated middle management layer ...
Lip-Bu Tan will prioritize streamlining operations — including slimming middle management — while rethinking Intel's approach to AI, Reuters reports, citing anonymous sources.
Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.
Intel's new CEO, Lip-Bu Tan, plans significant overhauls in chip manufacturing and AI strategies. Amidst staff cuts and a ...
Intel stock surged Monday following a report on incoming CEO Lip-Bu Tan's plans to turn around the struggling chipmaker.
Shares of Intel ( INTC 8.09%) are surging on Monday. The company's stock had gained 6.8% at noon ET and was up as much as 8.7 ...
Silicon Valley investors love to romanticize iconoclasts and visionaries who bend technology and markets to their iron will.