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The Latest Breaking News from LipBu Tan

Intel’s spin off reversal puts Intel Capital at a crossroads

In January, Intel announced plans to spin off Intel Capital, the company’s corporate venture arm. Last week, Intel’s new CEO walked that decision back.

Fortune

Intel: Good Quarter, Bad Vibes, Guidance Rattles Investors

Intel reported a Q1 earnings beat but offered weak Q2 guidance, leading new CEO Tan to accelerate restructuring efforts focused on core execution.

MarketBeat

Intel Is Cooking Up a ‘Win-Win’ Deal With Taiwan Semi. How Should You Play INTC Stock Here?

Intel’s Lip-Bu Tan has met with TSMC chief executive to discuss a win-win collaboration. Here’s how you should play INTC shares after its Q1 earnings.

Barchart

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Intel redefines AI strategy — Jaguar Shores to be rack-level design with focus on silicon photonics

Intel outlined its revamped AI strategy under new leadership that includes variety of workload-specific products, optical interconnects for rack-scale solutions, and revamped software stack.

Tom’s Hardware

Intel posts flat year-over-year earnings and bleak outlook, warns about macroeconomic pressures

Intel reports flat revenue but deeper losses and lower margins in Q1 2025 as well as gives a bleak Q2 guidance driven by macroeconomic and trade-related uncertainties.

Tom’s Hardware

New Intel CEO is looking 'for partnership with the industry leader to build purpose-built silicon' for AI, but is he talking about making chips with Nvidia or for OpenAI?

Lip-Bu Tan also says he hooked up with TSMC to talk about a possible collab'.

PC Gamer

Intel confirms upcoming layoffs as new CEO reveals return to office mandate in big shake-up

Lip-Bu Tan wants to flatten Intel by removing layers of management, but workers will have to be in the office four days a week.

TechRadar

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Intel Chief Vows To Thin Ranks At US Chip Maker

New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White House tariffs and export restrictions muddy the market.

International Business Times

'There are no quick fixes': Intel's CEO gives Wall Street a reality check about the chipmaker's would-be turnaround

New CEO Lip-Bu Tan gave a broad outline of how he plans to revive the ailing chipmaking giant.

Fortune

Intel Stock Drops On Disappointing Second-Quarter Outlook

Struggling chip giant Intel beat estimates for the first quarter but guided well below views for the current period. Intel stock fell on the news.

Investors Business Daily

Seismic Shift at Intel: Massive Layoffs Precede Crucial Earnings

Intel, led by new CEO Tan, is focusing on efficiency with substantial layoffs to streamline operations ahead of its upcoming first-quarter financial report.

MarketBeat

Dear Intel Stock Fans, Mark Your Calendars for April 29

Down 40% in the past year, Intel stock remains under pressure in 2025. But can INTC stock rebound?

Barchart

Intel will reportedly fire fully 20% of its workforce and focus on 'engineering', a plan that sounds all too familiar at this point

New CEO, same old staff cuts?

PC Gamer

Intel to cut over 20,000 employees, says report — and middle managers are on the chopping block

Intel is reportedly laying off over 20,000 employees, with middle management in the spotlight as the company restructures under new CEO Lip-Bu Tan.

Windows Central

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TechRadar

Intel reportedly set to announce huge layoffs - 20% of workforce could be cut

Intel reportedly planning to lay off 21,000 workers.

International Business Times

Intel To Cut Over 21,000 Jobs As New CEO Reshapes Company Strategy: Report

The layoffs are part of CEO Lip-Bu Tan's plan to simplify management and focus on rebuilding a strong engineering culture. At the end of last year, Intel had about 108,900 employees after already cutting 15,000 jobs in August 2024.

Tom’s Hardware

Intel to announce a 20% workforce cut this week: Report

Intel is reportedly planning to cut over 20,000 jobs as part of new CEO Lip-Bu Tan's push to streamline management, reduce costs, and refocus the company amid ongoing business struggles.

Tom’s Hardware

CEO reorganizes Intel with new CTO and AI lead

Intel's Lip-Bu Tan has overhauled leadership by naming Sachin Katti as CTO and AI chief, flattening the structure, and taking direct control of key technology developments.

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MarketBeat

Strategic Reset Begins: Intel Sells Controlling Stake in Altera

Intel divests its Altera majority stake to Silver Lake, focusing resources on core priorities and its ambitious foundry expansion.

Barchart

Is Intel Stock a Buy, Sell, or Hold on Altera Stake Sale?

Intel is offloading a majority stake in Altera as new CEO Lip-Bu Tan lines up his first moves.

Tom’s Hardware

Intel sells 51% of Altera FPGA business to Silver Lake for $4.46 billion

Intel is selling a 51% stake in Altera to Silver Lake for $4.46 billion as part of a strategy to streamline operations and focus on core products.

Windows Central

Intel agrees to $4.46 billion sale of majority stake in Altera to Silver Lake — "Sharpening our focus, lowering our expense structure"

Intel's CEO calls it a "commitment to sharpening our focus" as the company continues its revitalization efforts in the United States.

Fortune

Intel’s new CEO invested at least $200 million in Chinese businesses, some with links to the country’s military, report says

There is no evidence that Tan currently invests directly in companies on the U.S. Treasury’s Chinese Military-Industrial Complex Companies List, according to Reuters.

Tom’s Hardware

Intel CEO Lip-Bu Tan has invested in 600 Chinese firms, some linked to the Chinese military

Intel's CEO, Lip-Bu Tan, has invested hundreds of millions of dollars in Chinese companies linked to the military and surveillance sectors, raising national security questions amid Intel's ties with the U.S. defense industry.

Tom’s Hardware

Intel CEO Lip-Bu Tan loses $5 million on his $25 million Intel investment as stock tumbles

Intel CEO Lip-Bu Tan lost around $5 million in value when Intel stocks dropped from around $24 per share to less than $19.

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