Intel announces a series of leadership appointments on June 18, tapping industry veterans who previously held roles at Cadence, Apple, and Google, according to Bloomberg. Srinivasan Iyengar, Jean-Didier Allegrucci, and Shailendra Desai are joining the company in key engineering leadership positions...

Intel CEO Lip-Bu Tan has been working to steer the company toward a turnaround. According to Reuters, sources say Intel has explored the possibility of divesting its network and edge businesses, once known as NEX, as these segments no longer align with the strategic direction Tan is pursuing for the...

Intel held its first shareholder meeting under new CEO Lip-Bu Tan on Tuesday. As noted by Reuters, shareholders approved a proposal to increase share reserves to support hiring and retention efforts. They also approved a compensation package for Tan, who could receive up to USD 42 million in stock a...

Intel is scheduled to report earnings on Thursday, April 24, 2025, with the market watching closely to see whether new CEO Lip-Bu Tan’s turnaround efforts are gaining traction. According to Reuters, the company is expected to post its fourth consecutive quarterly revenue decline, with a 3.4% drop ...

Intel's new CEO Lip-Bu Tan has made his first major leadership move, according to a memo reviewed by Reuters. Intel’s data center and AI chip groups, as well as its personal-computer chip group, will now report directly to Tan. He has also promoted networking chip head Sachin Katti to serve as bot...