Intel's New CEO to Buy $25 Million in INTC Stock. Should You Buy Too?
However, Tan is willing to put his own money on the line to align his interests with those of the company and its future. While the new CEO will be getting generous stock options and performance-based stock units, Tan has said he will be purchasing $25 million worth of INTC stock within 30 days of his start date.
Shares of INTC jumped over 8% on news that Tan has a turn-around plan for Intel, which could include staff layoffs and ...
Intel layoffs in 2025 under CEO Lip-Bu Tan signal massive job cuts to fund an AI and manufacturing fightback against NVIDIA.
If Intel CEO Lip-Bu Tan can grow the stock price the way company hopes, Intel’s market cap would swell from $104 billion to $312 billion, an analysis found.
Silicon Valley investors love to romanticize iconoclasts and visionaries who bend technology and markets to their iron will.
Lip-Bu Tan, a former member of Intel’s board and a vocal critic of former CEO Pat Gelsinger, will be taking the helm on ...
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Shares of Intel ( INTC 8.09%) are surging on Monday. The company's stock had gained 6.8% at noon ET and was up as much as 8.7 ...
Intel ( INTC) named Lip-Bu Tan its new CEO, sending the chipmaker's stock higher in after-hours trading Wednesday. Tan, who ...
Intel lured new CEO Lip-Bu Tan with a package of stock grants and options valued at $66 million, plus $3 million in salary ...
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