Intel CEO Lip-Bu Tan has penned a letter to the firm’s employees, where he stresses that while it will not be easy for him to turn the firm around, he believes it has all the tools necessary to succeed. Lip-Bu takes over the helm at Intel after the firm bled more than half of its value in 2024 after failing to target the AI industry, suspending its dividend and struggling in the enterprise computing industry. Lip-Bu’s first message to his team was rife with humility as he stressed that Intel’s customers were counting on the firm to “pull together as […]
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