Intel’s new CEO Lip-Bu Tan appears able to get proper to work to show across the struggling firm.
The semiconductor large’s new government is contemplating sweeping adjustments for the corporate’s chip manufacturing and AI methods, in accordance with Reuters, together with: reducing center administration workers and revamping the corporate’s method to manufacturing chips. Tan reportedly informed firm workers that he would wish to make “powerful choices” to get the corporate again on observe.
Tan was introduced as Intel’s new CEO final week. He rejoins the corporate on Tuesday after exiting Intel’s board in August 2024 over clashes with Intel’s former CEO Pat Gelsinger.
Intel declined to remark.