But Altera's revenue has declined since Intel purchased the business in 2015, according to Rosenblatt Securities analyst Kevin Cassidy. "We see this move as just one of the many steps new CEO Lip ...

One of the first big moves by Intel Corp.’s new chief executive, Lip-Bu Tan, shows he’s moving quickly to monetize some of the chip giant’s nonessential assets. Intel INTC said it is selling ...

Silicon Valley veteran and the new Intel CEO Lip-Bu Tan has invested hundreds of millions of dollars into Chinese companies, Reuters reported. Some of the Chinese companies Tan backed have links ...

Lip-Bu Tan's appointment as Intel CEO faces scrutiny due to his extensive investments in Chinese tech firms, including those with ties to the People's Liberation Army. This has sparked concerns ...

Intel has billions in defense contracts and plays a key role in efforts to bring chipmaking back to U.S. soil.

“Today’s announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our balance sheet,” said Intel CEO Lip-Bu Tan in a statement.

Former Intel CEO Pat Gelsinger has become part of a new startup company that aims to use particle accelerators to develop new ways of fabricating computer chips. The technology for fabricating silicon ...