Lip-Bu Tan says Intel will spin off noncore units

Intel’s new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren’t core to its mission, Bloomberg reported. Tan didn’t specify what was classified as core and noncore to the company’s […]

Apr 1, 2025 - 17:18
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Lip-Bu Tan says Intel will spin off noncore units
Intel’s new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren’t core to its mission, Bloomberg reported. Tan didn’t specify what was classified as core and noncore to the company’s […]