Three Intel manufacturing leaders exit as CEO Tan repositions strategy.
Intel confirmed today that three of its senior manufacturing executives are retiring as part of a major transformation plan under new CEO Lip‑Bu Tan. The leadership shake-up is aimed at reinvigorating the struggling chipmaker amid escalating competition and supply chain pressures.
Tan, who stepped into his role recently, is instituting sweeping restructuring across Intel’s foundry and fabrication units. Analysts see the executive departures as both a sign of accountability and a precursor to deeper shifts in company strategy.
Intel’s manufacturing performance had late come under scrutiny, with delays in advanced nodes and shrinking market share. Tan is repositioning the company’s focus toward AI-driven data center chips and expanding contract foundry services to take on rivals such as TSMC and Samsung.
Financial analysts expect the restructuring to cost billions in short-term investment but potentially reap long-term benefits. Tan has pledged to sharply pivot toward cutting-edge chip architecture, while also improving operational efficiency and regaining lost ground in the semiconductor industry.
I’m Adedayo Obadina
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