Intel could be in for significant changes as Lip-Bu Tan takes on CEO role

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Intel’s new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company. 

The semiconductor giant’s new executive is considering sweeping changes for the company’s chip manufacturing and AI strategies, according to Reuters, including: cutting middle management staff and revamping the company’s approach to manufacturing chips. Tan reportedly told company employees that he would need to make “tough decisions” to get the company back on track. 

Tan was announced as Intel’s new CEO last week. He rejoins the company on Tuesday after exiting Intel’s board in August 2024 over clashes with Intel’s former CEO Pat Gelsinger. 

Intel declined to comment.



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Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

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