Intel could be in for significant changes as Lip-Bu Tan takes on CEO role | TechCrunch
Mar 17, 2025 - techcrunch.com
Intel's new CEO, Lip-Bu Tan, is poised to implement significant changes to revitalize the struggling semiconductor company. According to Reuters, Tan is considering reducing middle management and overhauling Intel's chip manufacturing and AI strategies. He has communicated to employees the necessity of making "tough decisions" to realign the company with its goals.
Tan was appointed as Intel's CEO last week and is set to rejoin the company after leaving the board in August 2024 due to disagreements with former CEO Pat Gelsinger. Intel has not provided any comments on these developments.
Key takeaways:
Intel's new CEO, Lip-Bu Tan, is planning significant changes to improve the company's performance.
Tan is considering cutting middle management staff and revamping chip manufacturing and AI strategies.
He has communicated to employees the necessity of making "tough decisions" to get the company back on track.
Tan rejoined Intel after leaving the board in August 2024 due to clashes with former CEO Pat Gelsinger.
