Lip-Bu Tan’s base salary for the top post at the chip maker is $1 million a year, compared with the $1.25 million Pat ...

Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.

Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.

When Lip-Bu Tan quit Intel's board last summer, he was said to be frustrated with the company's bloat and bureaucracy.

March 13 (UPI) -- Intel appointed Lip-Bu Tan as its CEO following the retirement of former CEO Pat Gelsinger in late 2024.

Troubled chipmaker Intel Corp. makes CEO appointment nearly three and a half months after Pat Gelsinger exited.

With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.

Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a ...

Intl said former Cadence Design Systems chief executive Lip-Bu Tan will be the company's next chief executive. Former co-CEOs ...

The new CEO is using all the right words about a turnaround — as long as the forces for a breakup aren’t overwhelming.

The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share.

Beyond structural changes, Tan emphasizes the need for a cultural shift within Intel. Drawing inspiration from former CEO Andy Grove, Tan advocates for a culture that embraces urgency, productivity, ...