Intel is set for major changes as Lip-Bu Tan takes over as CEO. With the company facing challenges, Tan is expected to make bold moves to revamp Intel’s chip manufacturing and AI strategy. Reports suggest he is considering reducing middle management positions and reshaping the company’s approach to chip production.
During a recent meeting with employees, Tan emphasized the need to make tough decisions to bring Intel back to its former strength. His leadership comes after previously stepping down from Intel’s board in August 2024 due to disagreements with former CEO Pat Gelsinger. Now, as he returns, the industry is watching closely to see how he will steer Intel toward a more competitive future.
With a fresh vision and a focus on efficiency, Intel’s future under Tan’s leadership could mark a turning point for the semiconductor giant.