Lip-Bu Tan
Coverage of Lip-Bu Tan in the Nexus archive.
- Intel knows it needs to ‘leapfrog’ ARM and AMD, says CEO Lip-Bu Tan
Intel CEO Lip-Bu Tan acknowledged the need to catch up with AMD and Arm, highlighting growth in AI and new processors. The company reported a 25% revenue increase but a $11B GAAP loss, citing supply chain constraints and competition. Intel plans to leverage its 18A and upcoming 14A manufacturing processes to strengthen its position.
- Intel's turnaround under CEO Lip-Bu Tan gains steam with another strong quarter
Intel's CEO Lip-Bu Tan has driven a company turnaround, marked by a strong quarter within a year of his leadership.
- Intel plans layoffs within its data center group
Intel is planning layoffs within its data center group as part of a broader effort to become 'more focused and efficient.' The company has reduced its workforce in recent years, including over 5,000 factory worker layoffs in 2023 and more than 15,000 job cuts in August 2024 for cost savings.
- Big Tech is spending billions to not employ people
Amazon, Oracle, and Intel spent over $2 billion each on severance for layoffs in recent years. Amazon reported $2.7 billion in severance costs, including $1.8 billion for 30,000 layoffs in 2025-2026, while Intel and Oracle each spent $1.8 billion amid workforce reductions.
- How the chip trade has come to resemble silver — a warning from Morgan Stanley’s Wilson
The 2026 COMPUTEX event in Taipei, Taiwan, featured Intel CEO Lip-Bu Tan and NVIDIA CEO Jensen Huang showcasing next-generation AI chips and robotics. The trade show highlighted Taiwan's role as a leading hub for semiconductor and AI supply chain innovation.
- Can Intel complete its comeback? AI may be its second chance
Intel is attempting a comeback under CEO Lip-Bu Tan, with its market value tripling to $650 billion amid AI-driven demand. The company has secured government support, including a 10% stake, and partnerships with major tech firms, but remains unprofitable and faces challenges from competitors like AMD and Arm-based chips.
- You might want to pull the trigger on that Apple purchase — the company plans to raise prices
Apple's CEO Tim Cook warned of price increases due to a global memory chip shortage driven by rising AI demand. MacBook prices have already risen, with more hikes expected as memory costs climb. Other companies like Microsoft are also raising prices as memory shortages persist.
- Intel's CEO reveals early hiring challenges as bankruptcy concerns deterred top talent
Intel's CEO Lip-Bu Tan faced hiring challenges due to bankruptcy concerns but has since secured investments and improved the company's balance sheet. Intel is now focusing on AI, inference workloads, and a chipmaking roadmap to complete its revival. The company is working towards sub-nanometer process technology with 7A.
- Intel CEO says foundry business is gaining momentum as customer interest grows
Intel CEO Lip-Bu Tan reports that the company's Foundry business is gaining momentum due to growing customer interest. The turnaround of Intel's Foundry is showing progress. This growth indicates a positive outlook for Intel's business.
- Apple reportedly has a deal to use Intel-made chips again
Apple and Intel have reached a preliminary agreement for Intel to produce chips for Apple hardware, marking a return to their previous partnership after Apple's transition to Apple Silicon. The deal comes after Intel appointed Lip-Bu Tan as its new CEO in March 2025 and the US government took a 10 percent stake in the company. The specific Apple products that will use Intel chips are still unclear.