The chip maker has begun “risk production” on its new 18A chip-manufacturing process. It could be key for the stock.
Intel (INTC -2.91%) stock moved lower on Tuesday. The company's share price closed out the session down 2.9% and had been off as much as 4.9% earlier in trading.
Commerce Secretary Howard Lutnick is signaling that he could withhold promised Chips Act grants unless companies expand their US projects. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead joins Market Domination host Josh Lipton to discuss the implications of this move.
Intel Corp. Chief Executive Lip-Bu Tan just had his first big chance to wow the investment community, but his speech at Intel's partner conference seemed to emphasize that there are no quick fixes for the company's challenges.
New Intel (INTC) CEO Lip-Bu Tan shared cautious optimism for the company's outlook.
Intel Corp INTC just got a new captain, but it's going to take more than a fresh face to turn this ship around. CEO Lip-Bu Tan has stepped in with bold plans to spin off non-core units, add more engineers, and – perhaps most notably – ask customers for unfiltered feedback.
Lip-Bu Tan isn't yet signaling a major departure from Intel's past strategy, but expectations for change are high.
Intel's new CEO, Lip-Bu Tan, said he wants brutal customer feedback to address recent shortcomings. Tan's appointment follows Pat Gelsinger's departure in December.
Intel's new chief executive Lip-Bu Tan told investors during the company's “Intel Vision” conference that the chip giant has been “too slow to adapt.” Photo: Intel Corporation; David Paul Morris/Bloomberg News
In his first public appearance as Intel Corp.'s new chief executive, Lip-Bu Tan on Monday asked the chip giant's customers to continue to give him their criticism and honesty, as he moves forward with his plans to revive the company.
In his first remarks as Intel's new CEO, Lip-Bu Tan on Monday outlined a leaner version of the iconic American chipmaker in which he would work directly with engineers to develop new products based on feedback from the company's customers.
Tech stocks are selling off today amid President Donald Trump's latest tariff remarks.