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Intel’s stock dives on lower guidance as new CEO Lip-Bu Tan outlines long-term vision
Today’s earnings call is notable as the first for the company since Lip-Bu Tan (pictured) took over the reins as the company’s new chief executive. He joined the company in March, ending its months-long search for a successor to previous CEO Pat Gelsinger, who was forced to resign in December amid pressure from board members and investors.
Intel Corp. CEO Lip Bu Tan is taking action to revive the struggling chipmaker, announcing significant organizational changes ...
In an open letter to all company employees, Tan also confirmed Intel would be requiring workers to return to the office, ...
In his first major move since taking the helm just five weeks ago, Tan announced layoffs, a restructuring of the company, the elimination of non-core products, and an expanded return-to-office mandate ...
The Sacramento Inno Awards is a recognition and celebration of innovation in the Sacramento region and the people and ...
Intel shares fell nearly 6% in premarket trade on Friday after the chipmaker's weak revenue and profit forecast disappointed ...
Intel plans to cut over 20% of its workforce as part of a major restructuring under new CEO Lip-Bu Tan, aiming to streamline ...
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