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Intel CEO Lip-Bu Tan Flattens Leadership Structure, Names New AI Chief, Memo Says
Intel CEO Lip-Bu Tan is flattening the semiconductor giant's leadership, with key chip divisions now reporting directly to him, as per a memo seen by Reuters. The restructuring aims to turnaround the chipmaker after years of challenges, streamlining decision-making for its data centre, AI, and PC chip groups.
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Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel will spin off assets that aren’t central to its mission and create new products. The company needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said.
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Intel CEO Lip-Bu Tan Flattens Leadership Structure, Names New AI Chief, Memo Says
Intel CEO Lip-Bu Tan is flattening the semiconductor giant's leadership, with key chip divisions now reporting directly to him, as per a memo seen by Reuters. The restructuring aims to turnaround the chipmaker after years of challenges, streamlining decision-making for its data centre, AI, and PC chip groups.
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Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel will spin off assets that aren’t central to its mission and create new products. The company needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said.
