According to a report, Intel’s new CEO, Lip-Bu Tan, is set to significantly reduce the firm’s workforce as he aims to turn around the firm and establish a foothold in the foundry and artificial intelligence industries. Lip-Bu has taken the helm as Intel’s first permanent CEO since Patrick Gelsinger left in December, and as per today’s report, he will continue Gelsinger’s approach to focus on the foundry business. The new CEO takes the helm at the world’s largest integrated chip manufacturer after speculation of a spinoff of its foundry business. However, he put the reports to rest in a letter […]
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