Intel's new CEO Lip-Bu Tan, just 15 days into his role, unveiled strategies to revitalize the company at Intel Vision. He emphasized a cultural shift, declaring a need to operate "as a startup" to regain engineering focus. Tan is committed to regrouping talent and fostering stronger teams to correct past errors and earn customer trust. With competition intensifying from AMD and Nvidia, Tan acknowledged Intel's market share losses and pleaded for candid customer feedback to guide improvements, highlighting the urgent need for change.
"Intel has lost some of this talent over the years. I want to re-group the talent and attract some of the new talent."
"It has been a tough period for quite a long time for Intel. It was very hard for me to watch its struggle; I simply cannot stay on the sideline knowing that I could help turn things around."
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