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Exclusive Intelligence’s new CEO diagram manufacturing and AI operation overhaul

Author by Max A. Cherney

SAN FRANCISCO (Reuters) – Intel’s incoming CEO Lip -Bu Tan considered major changes in its chip manufacturing approach and artificial intelligence strategy before returning to the company on Tuesday, two people familiar with TAN’s ideas told Reuters that swept REUTERS to plunder the AIDS giant.

New trajectories include restructuring companies on AI approaches and staff cuts to address the tan view as a slow and swollen middle management layer. The sources said the company’s manufacturing business, which provided only bargaining chips for Intel, has been reused to make semiconductors for external customers such as Nvidia, one of TAN’s core priorities.

According to the other two, he told employees at a town hall meeting after he was appointed CEO last week.

Dylan Patel, a semiconductor industry expert, said he was “too good” under former Intel CEO Pat Gelsinger, who left the company in December. “He doesn’t want to fire a bunch of middle-level managers the way they need to,” he said.

Tan, 65, is the former CEO of CHIP design software company Cadence and Tech Investor, who was a member of Intel’s board of directors until he resigned last August. In its return as CEO, TAN will take over American Idol after a decade of wrong decisions, with three CEOs missing out on demand for AI processors that allow rivals Arm Holdings and Nvidia to dominate these markets.

Intel reported a loss of $19 billion per year in 2024, the first loss since 1986.

In the short term, TAN aims to improve the performance of Intel Foundry in its manufacturing sector by actively attracting new customers, People reported.

It will also restart production of chips to power AI servers and view areas beyond servers in multiple areas such as software, robots and AI basic models.

“Lip-Bu will spend a lot of time listening to the company of customers, partners and employees and working closely with our leadership team to position the business as future success,” an Intel spokesperson said in a prepared statement.

Intel declined to comment further or let the tan have an interview. Tan’s venture capital firm Walden Catalyst did not respond to a request for comment.

From the beginning, Tan’s strategy seemed to be Gelsinger’s strategy. At the heart of Gelsinger’s turnaround plan, it will transform Intel into a contract chip maker that will compete with Taiwan Semiconductor Manufacturing Corporation (TSMC) or TSMC, which sees Apple, Nvidia and Qualcomm as customers.

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