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  "id": "lip-bu-tan",
  "name": "Lip-Bu Tan",
  "kind": "person",
  "url": "https://whatledto.com/who/lip-bu-tan",
  "description": "CEO of Intel since March 2025.",
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    {
      "slug": "intel-foundry-18a",
      "title": "Intel Foundry and 18A: From IDM 2.0 to a Government-Owned Stake",
      "url": "https://whatledto.com/events/intel-foundry-18a",
      "json": "https://whatledto.com/events/intel-foundry-18a.json",
      "role": "Intel CEO since March 2025, under whom Intel cancelled European projects, made 14A conditional on outside demand, and later committed to complete 14A development.",
      "entries": 8,
      "updated_at": "2026-10-22T03:14:17.271017+00:00"
    },
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      "title": "Who Cut Jobs When: A Register of Major U.S. Layoffs, 2025 to 2026",
      "url": "https://whatledto.com/events/us-layoffs-register-2025-2026",
      "json": "https://whatledto.com/events/us-layoffs-register-2025-2026.json",
      "role": "Intel CEO who said the company had mostly completed its workforce reduction by July 2025.",
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      "id": 1916,
      "url": "https://whatledto.com/events/intel-foundry-18a#n1916",
      "date": "2026-10-07",
      "date_precision": "day",
      "title": "Tan says Intel will continue Terafab involvement",
      "summary": "Intel CEO Lip-Bu Tan said Intel would continue its involvement in Terafab. Bloomberg reported the statement before an Intel event in Tokyo.",
      "type": "response",
      "entities": [
        "Intel",
        "Terafab",
        "Lip-Bu Tan"
      ],
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        "terafab",
        "lip-bu-tan"
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          "url": "https://www.moneycontrol.com/news/business/intel-stays-with-elon-musk-s-terafab-project-even-as-tsmc-talks-raise-investor-concerns-14046615.html",
          "outlet": "Bloomberg via Moneycontrol",
          "published": "2026-10-07",
          "quote": "Intel will continue its involvement in Terafab, Tan told Bloomberg prior to an event in Tokyo commemorating the US company’s 50th year of operations in Japan."
        }
      ]
    },
    {
      "timeline": "intel-foundry-18a",
      "id": 99,
      "url": "https://whatledto.com/events/intel-foundry-18a#n99",
      "date": "2026-08-12",
      "date_precision": "day",
      "title": "Intel raises US$20 billion in a stock offering priced at US$95 a share",
      "summary": "Intel priced an underwritten public offering of 210,526,315 shares at US$95 each, raising US$20 billion after upsizing the deal from the US$15 billion announced two days earlier. The price is more than four times the US$20.47 the U.S. government paid per share in August 2025.",
      "type": "financial",
      "entities": [
        "Intel",
        "Lip-Bu Tan"
      ],
      "parties": [
        "intel",
        "lip-bu-tan"
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      "sources": [
        {
          "url": "https://newsroom.intel.com/corporate/intel-announces-upsize-and-pricing-of-20-billion-common-stock-offering",
          "outlet": "Intel Newsroom",
          "published": "2026-08-12",
          "quote": "Intel priced the underwritten public offering of 210,526,315 shares of common stock at a public offering price of $95 per share."
        },
        {
          "url": "https://newsroom.intel.com/corporate/intel-announces-proposed-15-billion-common-stock-offering",
          "outlet": "Intel Newsroom",
          "published": "2026-08-10",
          "quote": "Intel Corporation (Nasdaq: INTC) today announced a $15 billion underwritten public offering of common stock."
        }
      ]
    },
    {
      "timeline": "intel-foundry-18a",
      "id": 100,
      "url": "https://whatledto.com/events/intel-foundry-18a#n100",
      "date": "2026-07-23",
      "date_precision": "day",
      "title": "Intel Foundry segment revenue reaches US$5.8 billion, up 31 percent",
      "summary": "Second-quarter 2026 results showed Intel Foundry segment revenue of US$5.8 billion, up 31 percent from a year earlier, against total company revenue of US$16.1 billion. Segment revenue includes wafers made for Intel's own product groups, so the figure measures foundry activity rather than external customer sales.",
      "type": "financial",
      "entities": [
        "Intel",
        "Lip-Bu Tan"
      ],
      "parties": [
        "intel",
        "lip-bu-tan"
      ],
      "sources": [
        {
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086326000155/q226earningsrelease.htm",
          "outlet": "Intel Q2 2026 results (SEC exhibit)",
          "published": "2026-07-23",
          "quote": "Intel Foundry 5.8 billion up 31%"
        }
      ]
    },
    {
      "timeline": "nvidia-acquisitions",
      "id": 687,
      "url": "https://whatledto.com/events/nvidia-acquisitions#n687",
      "date": "2025-09-18",
      "date_precision": "day",
      "title": "$5 billion for a stake in Intel, with joint data center and PC chips",
      "summary": "Nvidia agreed to buy $5 billion of Intel common stock at $23.28 a share and to co-develop custom x86 CPUs linked to Nvidia GPUs over NVLink for data centers and PCs, a month after the US government took its own 10 percent stake in Intel. The same day CNBC reported the Enfabrica acquihire.",
      "type": "announcement",
      "entities": [
        "Nvidia",
        "Intel",
        "Jensen Huang",
        "Lip-Bu Tan"
      ],
      "parties": [
        "nvidia",
        "intel",
        "jensen-huang",
        "lip-bu-tan"
      ],
      "sources": [
        {
          "url": "https://nvidianews.nvidia.com/news/nvidia-and-intel-to-develop-ai-infrastructure-and-personal-computing-products",
          "outlet": "NVIDIA Newsroom",
          "published": "2025-09-18",
          "quote": "NVIDIA (NASDAQ: NVDA) and Intel Corporation (NASDAQ: INTC) today announced a collaboration to jointly develop multiple generations of custom data center and PC products that accelerate applications and workloads across hyperscale, enterprise and consumer markets."
        }
      ]
    },
    {
      "timeline": "intel-foundry-18a",
      "id": 81,
      "url": "https://whatledto.com/events/intel-foundry-18a#n81",
      "date": "2025-09-18",
      "date_precision": "day",
      "title": "Nvidia invests US$5 billion in Intel; the two will build custom x86 CPUs and RTX-based PC chips",
      "summary": "Nvidia agreed to buy US$5 billion of Intel stock at US$23.28 a share. Intel will build Nvidia-custom x86\nCPUs for Nvidia's data center platforms and x86 system-on-chips with Nvidia RTX GPU chiplets for PCs,\nconnected with NVLink.",
      "type": "announcement",
      "entities": [
        "Intel",
        "Nvidia",
        "Lip-Bu Tan",
        "Jensen Huang"
      ],
      "parties": [
        "intel",
        "nvidia",
        "lip-bu-tan",
        "jensen-huang"
      ],
      "sources": [
        {
          "url": "https://newsroom.intel.com/artificial-intelligence/intel-and-nvidia-to-jointly-develop-ai-infrastructure-and-personal-computing-products",
          "outlet": "Intel Newsroom",
          "published": "2025-09-18",
          "quote": "For data centers, Intel will build NVIDIA-custom x86 CPUs that NVIDIA will integrate into its AI infrastructure platforms and offer to the market."
        }
      ]
    },
    {
      "timeline": "intel-foundry-18a",
      "id": 80,
      "url": "https://whatledto.com/events/intel-foundry-18a#n80",
      "date": "2025-08-22",
      "date_precision": "day",
      "title": "US government takes a 9.9 percent stake in Intel for US$8.9 billion, funded from unpaid CHIPS grants",
      "summary": "Intel agreed to sell the U.S. government 433.3 million new shares at US$20.47 each, a 9.9 percent stake,\npaid for with US$5.7 billion of CHIPS Act grants that had been awarded but not disbursed and US$3.2\nbillion from the Secure Enclave program. The stake is passive, with no board seat.",
      "type": "financial",
      "entities": [
        "Intel",
        "U.S. Department of Commerce",
        "Donald Trump",
        "Lip-Bu Tan"
      ],
      "parties": [
        "intel",
        "us-department-of-commerce",
        "donald-trump",
        "lip-bu-tan"
      ],
      "sources": [
        {
          "url": "https://newsroom.intel.com/corporate/intel-and-trump-administration-reach-historic-agreement",
          "outlet": "Intel Newsroom",
          "published": "2025-08-22",
          "quote": "Under the terms of today’s announcement, the government agrees to purchase 433.3 million primary shares of Intel common stock at a price of $20.47 per share, equivalent to a 9.9 percent stake in the company."
        }
      ]
    },
    {
      "timeline": "us-layoffs-register-2025-2026",
      "id": 454,
      "url": "https://whatledto.com/events/us-layoffs-register-2025-2026#n454",
      "date": "2025-07-24",
      "date_precision": "day",
      "title": "Intel: 15% of the workforce gone, headcount to 75,000 by year-end",
      "summary": "In its second-quarter report new CEO Lip-Bu Tan said Intel had mostly completed a 15 percent workforce cut and would end 2025 with about 75,000 core employees, down from 108,900 across the group at the end of 2024, as it cancelled fabs in Germany and Poland and slowed Ohio. It was the largest cut by share of staff among big tech companies in 2025 and followed 15,000 cuts announced in August 2024.",
      "type": "announcement",
      "entities": [
        "Intel",
        "Lip-Bu Tan"
      ],
      "parties": [
        "intel",
        "lip-bu-tan"
      ],
      "sources": [
        {
          "url": "https://www.cnn.com/2025/07/24/tech/intel-layoffs-15-percent-q2-earnings",
          "outlet": "CNN Business",
          "published": "2025-07-24",
          "quote": "The company said it plans to end 2025 with 75,000 employees in its core Intel division — not including subsidiaries — as a result of “workforce reductions and attrition"
        },
        {
          "url": "https://www.intel.com/content/www/us/en/newsroom/news/corporate/lip-bu-tan-steps-in-the-right-direction.html",
          "outlet": "Intel Newsroom",
          "published": "2025-07-24",
          "quote": "We are implementing a plan to reduce our headcount by approximately 15%, and we plan to end the year with a global workforce of about 75,000 employees as a result of workforce reductions and attrition."
        }
      ]
    },
    {
      "timeline": "intel-foundry-18a",
      "id": 79,
      "url": "https://whatledto.com/events/intel-foundry-18a#n79",
      "date": "2025-07-24",
      "date_precision": "day",
      "title": "Intel cancels Germany and Poland fabs, slows Ohio, and makes 14A conditional on an outside customer",
      "summary": "With second-quarter 2025 results Intel said it would no longer proceed with the planned fabs in Germany\nand Poland and would slow construction in Ohio to match demand. Its quarterly filing added that without\na significant external customer for 14A it might pause or discontinue that node and successor nodes.",
      "type": "announcement",
      "entities": [
        "Intel",
        "Lip-Bu Tan",
        "Intel 14A"
      ],
      "parties": [
        "intel",
        "lip-bu-tan",
        "intel-14a"
      ],
      "sources": [
        {
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000107/q225_earningsrelease.htm",
          "outlet": "Intel Q2 2025 results (SEC exhibit)",
          "published": "2025-07-24",
          "quote": "As part of this effort, Intel will no longer move forward with planned projects in Germany and Poland."
        }
      ]
    },
    {
      "timeline": "intel-foundry-18a",
      "id": 89,
      "url": "https://whatledto.com/events/intel-foundry-18a#n89",
      "date": "2025-04-29",
      "date_precision": "day",
      "title": "Intel Foundry engages lead customers on Intel 14A",
      "summary": "Intel Foundry said it had engaged lead customers on its Intel 14A process technology. Intel described 14A as the successor to Intel 18A.",
      "type": "announcement",
      "entities": [
        "Intel",
        "Intel 14A",
        "Intel 18A",
        "Lip-Bu Tan"
      ],
      "parties": [
        "intel",
        "intel-14a",
        "intel-18a",
        "lip-bu-tan"
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      "sources": [
        {
          "url": "https://www.intel.com/content/www/us/en/newsroom/news/corporate/intel-foundry-gathers-customers-partners-outlines-priorities.html",
          "outlet": "Intel Newsroom",
          "published": "2025-04-29",
          "quote": "Intel Foundry has engaged with lead customers on the Intel 14A process technology, the successor to Intel 18A."
        }
      ]
    },
    {
      "timeline": "intel-foundry-18a",
      "id": 78,
      "url": "https://whatledto.com/events/intel-foundry-18a#n78",
      "date": "2025-03-12",
      "date_precision": "day",
      "title": "Lip-Bu Tan appointed Intel CEO",
      "summary": "Intel's board appointed Lip-Bu Tan, former CEO of Cadence Design Systems, as chief executive effective\nMarch 18, 2025, succeeding the interim co-CEOs.",
      "type": "announcement",
      "entities": [
        "Intel",
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          "url": "https://newsroom.intel.com/corporate/intel-appoints-lip-bu-tan-chief-executive-officer",
          "outlet": "Intel Newsroom",
          "published": "2025-03-12",
          "quote": "Intel Corporation (Nasdaq: INTC) today announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer, effective March 18."
        }
      ]
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