"Tan seems ready to get to work to turn around the struggling company. He is considering sweeping changes for the company's chip manufacturing and AI strategies."
"Tan reportedly told company employees that he would need to make "tough decisions" to get the company back on track."
Intel's recently appointed CEO, Lip-Bu Tan, is determined to implement significant modifications to revitalize the struggling semiconductor company. He is contemplating extensive changes to both chip manufacturing processes and artificial intelligence strategies. Sources indicate that he will introduce cuts to middle management as part of his plan. Upon his return, Tan acknowledged that he must make "tough decisions" to steer Intel back toward success, having previously left the board amid disagreements with former CEO Pat Gelsinger.
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