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What is Lip-Bu Tan doing for Intel stock that’s different from Pat Gelsinger?
Intel Corp (NASDAQ: INTC) tanked nearly 10% on Friday even though the chipmaker, under its new chief executive Lip-Bu Tan, reported better-than-expected revenue for its fiscal Q2 and issued a decent top-line guidance.
‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost control, and execution.
Intel: No Easy Way Out Of The Malaise
Intel's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are neutral on INTC stock.
'No more blank checks': Intel looks committed to Arizona, even as it retreats elsewhere
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned projects.
Intel's German megafab dream is over: CEO Lip-Bu Tan kills the project, beset with setbacks from EU funding to ancient neolithic remains, to save cash
Even in the US, where there's a push for more domestic manufacturing, especially in semiconductors, by consecutive governments, Intel is ramping down construction. Lip-Bu Tan has said it is slowing construction on fabs in Ohio, which had already seen a delay to 2030 or beyond.
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Intel stock plunges after CEO’s strategy shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense reductions at the expense of the company’s
Intel Beats Q2 Earnings Estimates As CEO Promises A More Disciplined Foundry Play
Intel CEO Lip-Bu Tan remained upbeat as the chip maker disclosed a $2.9 billion loss for the second quarter of 2025, compared to a $1.6 billion loss in the same quarter from a year ago.
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