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.

“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 ...

Chipzilla chief asked customers to be 'brutally honest' ... which will lead to what changes, we wonder Vision Not even Intel's top brass know what's on newly minted CEO Lip-Bu Tan's chopping block.… ...

A break-up or spin-off of Intel's Foundry business could ... its leadership change to fundamentally review its business strategy. Intel’s new Chief Executive Officer Lip-Bu Tan already mentioned ...

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 Corp. Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren’t central to its mission and create new products including custom semiconductors to try to better ...

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 ...

Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren't core to its ... which was a potential turnaround strategy floated in recent ...