News - subcat

Trump softens stance on Intel boss
Published in News
Tuesday, 12 August 2025 11:41

Trump softens stance on Intel boss


Intel CEO Lip-Bu Tan gets a warmer than expected reception from the White House

It looks like President Trump is no longer gunning for troubled Chipzilla chief executive Lip-Bu Tan’s head.

Intel chief hits back at Trump “misinformation”
Published in News


I am not highly conflicted

Troubled Chipzilla’s chief executive Lip-Bu Tan [pictured] has fired back at Donald Trump after the US president accused him of being “highly conflicted” and demanded he resign.

Intel board at war over CEO’s comeback plan
Published in News


Tan boxed in as directors stall every move

Lip-Bu Tan took the helm of Troubled Chipzilla with a turnaround plan and the board’s supposed backing. It hasn’t taken long for both to unravel.

Intel boss under fire for China ties as company sinks further
Published in News


Lip-Bu Tan faces scrutiny over Cadence scandal and Beijing links

Intel is facing serious questions from US lawmakers about its new boss's ties to China and a criminal case that started before he arrived.

Intel sells 51 percent of Altera
Published in PC Hardware
Tuesday, 15 April 2025 17:04

Intel sells 51 percent of Altera


Tan's first big move

Intel Corporation's new CEO Lip-Bu Tan's first big move was to sell 51 percent of Altera to SilverLake at an $8.75 billion valuation. The company still retains 49 percent. Intel acquired Altera in 2015 for approximately $16.7 billion.

Wall Street’s mixed reaction to Lip-Bu Tan’s appointment
Published in News


Intel shares up 12 per cent

The cocaine nose jobs of Wall Street had mixed reactions to Tan’s coronation as Chipzilla’s new King.

Intel hires Lip-Bu Tan for new CEO
Published in News
Thursday, 13 March 2025 08:59

Intel hires Lip-Bu Tan for new CEO


Needs quick turn around before Celine Dion starts singing

Troubled Chipzilla has once again shuffled the deck chairs on its sinking semiconductor ship, bringing in industry veteran Lip-Bu Tan as the latest CEO to attempt a turnaround.