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Lip-Bu Tan

Lip-Bu Tan

American businessman

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  • Jul 23

    Intel posts 25% revenue jump, beats Q3 forecast; capex raised to $20bn on AI boom

    The chipmaker reported its fastest revenue growth in 15 years and raised its capital spending forecast by $2 billion, driven by surging demand for data center CPUs from agentic AI applications.

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Today’s Brief

Anak Krakatoa grounds Jakarta

Putin pauses capital strikes as Germany votes and Gulf clashes threaten oil routes

Diplomacy produced a small quiet over Kyiv and Moscow, but not much peace. Elsewhere, voters in eastern Germany tested the postwar firewall, Gulf waters turned nastier, and a volcano near Jakarta reminded airlines that nature still cancels schedules faster than regulators can.

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  • North Korea commissions new destroyer

    Commissions the 5,000-tonne destroyer Kang Kon in Wonsan, with Kim Jong Un declaring the warship part of a nuclear-armed naval force.

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World · Updated 7m ago

The war in Ukraine and its limits

Envoys completed the anticipated Kyiv leg and the Euro Troika joined, but no breakthrough or new commitments materialized beyond an agreement to meet again.

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