Intel's CEO, Tan Lip-bu, has announced plans to spin off nonessential assets and develop new products to better serve customers.

Intel (INTC) will spin off some of its non-core businesses, newly minted CEO Lip-Bu Tan said at the company’s Vision 2025 conference in Las Vegas on Monday.

At a recent Intel conference, Tan made no mention of breaking up the company, and said that Intel will launch new products like custom semiconductors.

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...

“Going forward at Intel, we will redefine some of our strategy and then free up the bandwidth. Some of the non-core business, we will spin it off, but really focus on our core business and how ...

Further, AMD has focused on a chiplet strategy with TSMC that is improving ... It’s conceivable that Intel might try to spin off the foundry business someday, but given its hefty operating ...

In his first public appearance as Intel CEO, Lip-Bu Tan said Monday that the once-dominant chipmaker would spin off non-core assets, though he offered no specifics. “I love this company,” he ...

Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren ... which was a potential turnaround strategy floated in recent months.

Intel's (INTC) new CEO Lip-Bu Tan outlining his priorities helped stakeholders understand the company's intended positioning in the coming years, said Stifel.

Intel wants to involve fellow competitor TSMC in a joint venture for its own chip production. This would make Intel Foundry not only a separate business unit within the American chip giant but an ...