Intel

April 25, 2025 – Intel Corporation CEO Gelsinger Singh (Chen Liewu) unveiled an aggressive overhaul strategy today, just five weeks into his tenure, aimed at revitalizing the chip giant through sweeping workforce reductions, organizational restructuring, and product line pruning. While declining to specify exact headcount cuts, the company confirmed layoffs will commence in Q2 2025…

April 18, 2025 – Intel’s newly appointed CEO, Li-Wu Chen, has initiated a streamlining of the company’s management structure, with key chip divisions now reporting directly to him, as reported by Reuters today. In a memo sent to employees, Chen announced the promotion of Sachin Katti, head of networking chips, to the position of Chief…

April 2, 2025 – In a recent report by Bloomberg yesterday, Intel’s CEO, Pat Gelsinger’s successor Chen Liwu, addressed the audience at the ‘Intel Vision Conference’ in Las Vegas, revealing the company’s strategy to divest from non-core businesses and introduce new products such as customized semiconductors to better align with customer demands. Chen emphasized the…

March 31, 2025 – Intel Corporation announced yesterday, as reported by Bloomberg, that three of its board members are set to retire, prompting the company to revamp its board structure to bring in professionals better aligned with its business transformation needs. Regulatory filings reveal that Omar Ishrak, Jinzhi Liu, and Lisa Lavizzo-Murray will not seek…

March 28, 2025 – Former Intel CEO Pat Gelsinger is set to receive a substantial severance package of up to $7.85 million following his departure from the company in December 2024, according to filings submitted to the U.S. Securities and Exchange Commission (SEC). The compensation package includes 7millionpayableover18months,encompassinghisannualsalaryandtargetcashbonus.Aspertheagreement,Gelsingerwillreceive18months′worthofhis1.25 million annual salary, totaling 1.875million,alongwith1.5timeshistargetcashbonusof3.44 million, amounting…

March 27, 2025 – In a blog post published yesterday, March 26th, tech media outlet Jon Peddie reported that renowned venture capital firm Playground Global has announced the appointment of former Intel and VMware CEO Pat Gelsinger as a General Partner (GP). Gelsinger, who boasts a four-decade-long career in the computing and semiconductor industries, having…

March 24, 2025 – Intel’s Vision 2025 Event Set for March 31 to April 1, Marking New CEO’s Debut Intel has announced that its highly anticipated Vision 2025 event will take place from March 31 to April 1. According to the recently released live stream preview, the event will mark the debut of Intel’s new…

March 13, 2025 – Intel Appoints Lip-Bu Tan as Its First Chinese-American CEO After a three-month search, Intel has finally named Lip-Bu Tan as its new CEO, effective March 18th. This marks a historic moment for the 57-year-old tech giant, as Tan becomes Intel’s first-ever Chinese-American CEO. Notably, all four major US chip companies are…

January 18, 2025 – Rumors have been swirling in the industry about a possible acquisition of Intel ever since the company showed signs of weakness last year. On Friday, technology media outlet SemiAccurate reported that multiple sources had confirmed a mysterious company was exploring the possibility of a full acquisition of Intel. This news sent…

January 7, 2025 – At the Intel CES 2025 keynote, Interim Co-CEO of Intel, Michelle Johnston, revealed that shipments of the Lunar Lake processor have surpassed 1.5 million units. According to Johnston, “Lunar Lake stands as Intel’s most energy-efficient processor ever.” The Intel Ultra 200V “Lunar Lake” processor, launched in September of last year, boasts…