Intel’s new CEO plots overhaul of manufacturing and AI operations

Quick Summary:

At a town hall meeting following his appointment as CEO last week, Tan told employees that the company will need to make tough decisions’.

In returning as CEO, Tan is set to take over the American icon after a decade of bad decisions by three CEOs in which it failed to build chips for smartphones and missed surging demand for AI processors, allowing competitors Arm Holdings and Nvidia to dominate those markets.

The plans are still being formulated and could yet change, these sources said.

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Article Details

Author / Journalist: Reuters

Category: Technology

Markets: Hong Kong

Topics: Told Chip Company’s Lip-bu Tan’s Intel’s Middle Intel Company Manufacturing People

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 12:00:11 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 298 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 27132624

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