News

Intel CEO outlines 'hard but necessary decisions'; Trader Guilfoyle: CEO Tan 'Has a Chance'

Intel CEO Lip-Bu Tan says the company is making hard but necessary decisions.NurPhoto/. Intel's second-quarter results ...

Intel’s CEO just revealed why more layoffs are coming. His memo shows the grim impact of course correction

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Engineering News-Record15h

Intel Again Eases Construction Pace on $28B Ohio Chip Plants

Intel Corp. is again slowing the speed of construction of two $28-billion semiconductor fabrication plants in central Ohio.

Intel slides after CEO struggles to show turnaround on track

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks'

Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip ...

Intel's German megafab dream is over: CEO Lip-Bu Tan kills the project, beset with setbacks from EU funding to ancient neolithic remains, to save cash

Even in the US, where there's a push for more domestic manufacturing, especially in semiconductors, by consecutive ...

Intel’s CEO needs a path to profits to win over stock skeptics

Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...

Intel CEO says he’ll personally approve all chip designs from here on out.

I’m also instituting a policy. Every major chip design needs to be personally reviewed and approved by me before tape out. He ...

Intel cuts back spending, workforce as struggling chip maker mounts comeback

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...