Reported about 14 hours ago
Intel's incoming CEO Lip-Bu Tan is planning significant revisions to the company's chip manufacturing processes and artificial intelligence strategies in an effort to revitalize the struggling tech giant. His initiatives include restructuring middle management, enhancing production capabilities for external clients, and prioritizing development in AI-related technologies. With a focus on increasing efficiency and attracting new customers, Tan aims to restore Intel's reputation after a decade of poor performance and a recent $19 billion annual loss.
Source: YAHOO