lip bu tan

Intel CEO Lip-Bu Tan Flattens Leadership Structure, Names New AI Chief, Memo Says

by
Intel CEO Lip-Bu Tan Flattens Leadership Structure, Names New AI Chief, Memo Says

Intel’s new CEO, Lip-Bu Tan, is flattening the semiconductor giant’s leadership team, with important chip groups reporting directly to him, according to a memo from Tan seen by Reuters. Intel has also promoted networking chip chief Sachin Katti to be chief technology officer and artificial intelligence chief, according to the memo. The leadership changes are … Read more

Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units

by
Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units

Intel Corp. Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren’t central to its mission and create new products including custom semiconductors to try to better align itself with customers.  Intel needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet … Read more