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 ...

Last week, we got a glimpse at what the new CEO at chip stock Intel (INTC), Lip-Bu Tan, had in mind as far as plans for the company went. Now, ...

Intel stock surged Monday following a report on incoming CEO Lip-Bu Tan's plans to turn around the struggling chipmaker.

Intel's new CEO is leading a bold turnaround to reclaim tech leadership with innovations in CPUs, foundry expansion, and ...

U.S. stocks steadied ahead of the Fed’s rate decision, with Intel rising, Tesla falling, and Treasury yields reacting to ...

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The package includes a long-term equity grant valued at $14.4 million and a performance grant of $17 million in Intel shares, ...

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Intel lured new CEO Lip-Bu Tan with a package of stock grants and options valued at $66 million, plus $3 million in salary and cash bonuses, the chipmaker reported late Friday. In addition, Tan will ...

Lip-Bu Tan, who was named CEO of Intel this week, will receive $1 million in salary and about $66 million in stocks and ...