Chief Executive Officer Lip-Bu Tan said customers told him Intel strayed from their needs and fell behind competitors on innovation.

Intel (INTC) has had a rough few years, but its board isn’t backing down from its turnaround efforts. With former CEO Pat Gelsinger stepping aside, the company has placed its bets on ...

Lip-Bu Tan appointed new Intel CEO, continues Gelsinger strategy (for now) Intel finally has a new CEO, Lip-Bu Tan, late of Cadence Design, where he engineered an impressive turnaround.

For now, analysts expect Intel's revenue to grow at a compound annual growth rate (CAGR) of 4% from 2024 to 2027. And after ...

In his recent keynote event, Intel’s new CEO Lip-Bu Tan laid out an aggressive vision for the company. Read to know what INTC has planned out for its future.

(Reuters) - Intel CEO Pat Gelsinger and key executives are ... and that Intel is focused on phase two of the company’s turnaround plan. Part of those plans will remain unresolved until the ...

After being forced into retirement, Gelsinger said he was often “pissed off, angry and bitter with the board.” ...

Intel’s data center and AI chip groups, and personal-computer chip group, will now report directly to Tan. Sachin Katti to ...

Intel sells 51% of Altera to Silver Lake for $4.46B, valuing it at $8.75B amid broader turnaround plans. JPMorgan maintains ... strategic move under its new CEO, Lip-Bu Tan. It underpins the ...