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The Latest Breaking News from LipBu Tan

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

Intel reportedly planning to lay off 21,000 workers.

TechRadar

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.

International Business Times

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

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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.

Tom’s Hardware

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.

MarketBeat

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.

Barchart

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.

Tom’s Hardware

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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.

Windows Central

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.

Fortune

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.

Tom’s Hardware

Intel’s New CEO Is Talking the Talk and Winning Over Analysts. Should You Buy INTC Stock Now?

Down over 70% from record highs, Intel is a tech stock that trades at a discount to consensus price target estimates in April 2025.

Barchart

Intel's new CEO Lip-Bu Tan has a retro vision for Intel's future, but is nostalgia the key to success?

Intel is resurrecting the classic “Intel Inside” marketing strategy you may remember from the 90s. The nostalgic branding was announced as part of Intel Vision this week in Las Vegas, NV. The intent is to make Intel a household name again, but can it succeed?

Laptop

Intel Stock Is Falling Victim to the Trade War. How Should You Play INTC Here?

China’s retaliatory tariffs on American goods are hurting Intel stock on Friday. But a UBS analyst sees reason to buy INTC shares on the pullback.

Barchart

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MarketBeat

Intel’s Big Bet on 18A: Will Lip-Bu Tan’s Vision Pay Off?

Intel takes a step in its recovery plan by starting 18A risk production, validating its technology roadmap under new CEO leadership.

Windows Central

Intel's new CEO requests "brutal honesty" from partners in his first keynote speech — Determined to build a "world-class" foundry

Lip Bu-Tan took to the stage at the enterprise-centric Intel Vision 2025 event to share his vision of the company's optimistic future.

Tom’s Hardware

Lip-Bu Tan's first speech as Intel CEO focuses on innovation and working with foundry customers

Intel CEO Lip-Bu Tan made his first keynote speech, laying down the path he intends to take for the company and soliciting customer feedback.

TechRadar

New Intel CEO says company will spin off non-Core units, tells customers to "be brutally honest with us"

Lip-Bu Tan reveals plans to point Intel back in the right direction, including spinning off non-core assets.

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PC Gamer

Same plan, different CEO: Intel's Lip-Bu Tan laments 'past mistakes' while promising a brighter 'engineering focused' future

Show me the innovation!

Barchart

Rumor Has It That Nvidia Is About to Become a Major Intel Customer. How Should You Play INTC Stock Here?

Experts are speculating that Nvidia may choose the beleaguered chip giant as its production partner for some of its gaming chips.

Tom’s Hardware

Intel's board gets industry-focused as three directors will not seek re-election — badly needed shift to deeper tech experience

Intel's board to shrink from 14 to 11 as three directors will not seek re-election later this year.

MarketBeat

Intel's Strategy to Win the Next AI Frontier

Under new CEO leadership, Intel is strategically targeting the high-growth edge AI market with an open ecosystem and optimized hardware to drive future success.

Tom’s Hardware

Analyst claims Nvidia's gaming GPUs could use Intel Foundry's 18A node in the future

According to an analyst, Broadcom and Nvidia are reportedly close to adopting Intel Foundry as their manufacturing partner.

Windows Central

Intel's new CEO, Lip-Bu Tan, will deliver a keynote speech to enterprise audiences at Vision 2025 — Streamed live on YouTube

Lip-Bu Tan prepares an opening keynote as the new Intel CEO, while his predecessor, Pat Gelsinger, wishes him well.

Tom’s Hardware

Pat Gelsinger supportive of Lip-Bu Tan, warns him about 'the short-termism of Wall Street'

Pat Gelsinger expressed strong support for successor Lip-Bu Tan and the IDM 2.0 strategy, while acknowledging the immense financial and market pressures that made the transformation difficult.

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