Intel could be in for significant changes as Lip-Bu Tan takes on CEO role

Quick Summary:

Intel’s new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company.  The semiconductor giant’s new executive is considering sweeping changes for the company’s chip manufacturing and AI strategies, according to Reuters, including: cutting middle management staff and revamping the company’s approach to manufacturing chips.

He rejoins the company on Tuesday after exiting Intel’s board in August 2024 over clashes with Intel’s former CEO Pat Gelsinger.

Tan was announced as Intel’s new CEO last week.

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Article Details

Author / Journalist: Rebecca Szkutak

Category: Technology

Markets: United States

Topics: Enterprise AI Intel

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 21:24:35 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 109 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27114223

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