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Intel’s stock dives on lower guidance as new CEO Lip-Bu Tan outlines long-term vision
Today’s earnings call is notable as the first for the company since Lip-Bu Tan (pictured) took over the reins as the company’s new chief executive. He joined the company in March, ending its months-long search for a successor to previous CEO Pat Gelsinger, who was forced to resign in December amid pressure from board members and investors.
His more immediate predecessors have been less illustrious. Mr Tan inherits a company that has lost its edge. Intel is ...
Intel's new CEO confirms he met with executives who built and run Taiwan Semiconductor Manufacturing Co. Both companies are ...
“The current macro environment is creating elevated uncertainty across the industry, which is reflected in our outlook,” ...
Key Takeaways Intel shares plunged Friday after the company's quarterly revenue forecast missed analysts' ...
Among investors, new Intel CEO Lip-Bu Tan's early plans don't translate into newfound hope for the chipmaker's prospects.
Intel faces challenges in the AI sector under new CEO Lip-Bu Tan. While its strategy aims to boost innovation and efficiency, ...
The CEO's Thursday memo reflects a broader cultural crackdown across tech.
New CEO Lip-Bu Tan plans major changes in the way Intel operates but hasn't made any significant changes in strategy.
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