Intel’s new CEO Lip tan It seems ready to work and turn around correctly A Struggling Company.
The new executive of the semiconductor giant is Consider a complete change According to Reuters, for the company’s chip manufacturing and AI strategies, including: reducing middle-level managers and improving the company’s methods of making chips. Tan reportedly told the company employees that he needed to make “hard decisions” to get the company back on track.
Tan announced last week that he was the new CEO of Intel. He rejoined the company Tuesday after clashing with former Intel CEO Pat Gelsinger in August 2024.
Intel declined to comment.