Intel slides as Wall Street digests 'no quick fixes'

Lip-Bu Tan, the man trying to save Intel

The struggling American chip giant’s new boss is no stranger to comebacks

Intel slides as Wall Street digests 'no quick fixes'

Intel stock falls 6.7% the day after CEO Lip-Bu Tan outlines early turnaround moves.

Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says 'Clearly, There Are No Quick Fixes,' But Investors Should 'Stay Tuned' - Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)

Intel CEO Lip-Bu Tan says there are "no quick fixes" as the company works through a long-term turnaround strategy amid a 64% stock drop over five years.

Intel dominated the semiconductor industry for a long time, but now the company is in the shadow of Nvidia's AI chips. Now the new boss is using a Rosskur.

Is Intel Stuck? Analyst Labels It 'Dead Money' in Current Form - Wall Street Pit

Christopher Rolland attributed Intel’s (INTC) Thursday's 7% stock decline to a light second-quarter guidance, uncertainty around a potential 20% workforce reduction, and increased competition from AMD (AMD) in the PC market. Intel’s first-quarter data center beat was driven by AI head node sales linked to Nvidia (NVDA) GPUs, but Rolland…

Intel Posts Q1 Beat On Data Center Growth But CEO Tan’s Changes Loom

Intel continues to embark on a major turnaround effort that began under the guidance of former CEO Pat Gelsinger and is now the responsibility of his recently appointed replacement, Lip-Bu Tan. It will take some time to assess Tan's performance as head of Intel. In the meantime, Intel posted financial results for the first quarter of 2025,