- Intel’s CEO, Lip-Bu Tan, analyzes the company’s future at its vision conference
- Turn non -basic assets and add more engineers is a priority
- He wants to listen to customers so, but “it won’t happen overnight”
The new CEO and successor of Intel de Pat Gelsinger, Lip-Bu Tan, has announced plans to split non-basic units to address the company’s recent struggles.
He so emphasized that there would be no quick solution, and added that his first week as a CEO meeting with clients discovered that Intel had noted his expectations.
“Please be brutally honest with us,” said Chipmaker Vision in Las Vegas.
Lip-Bu so announces long-term plans for Intel
He also revealed how Intel could become thinner, with a more direct participation of engineers after he lost his market position once dominant for rivals such as Nvidia and AMD.
In the AI Chip front, the company is severely behind Nvidia, which has spent some time as the most valuable company in the world with a market capitalization of more than $ 3 billion.
“We lost a lot of talent,” he said so while arguing the plans to recruit more engineers and give them the “freedom to innovate from the inside” (through PakGazette).
The CEO also wants to respond more to the needs of the client: the creation of personalized semiconductors adapted to customer specifications will be one that way.
In the event, he also indicated plans to rotate Intel’s non -basic assets to focus on central operational strategies: there are no current plans to divide the manufacturing units and Intel products.
Intel’s actions rose in the days between the announcement and the appointment of Tan, but he has gradually faded again. The actions also fell 1.2% after making these comments at this week’s vision conference, explaining greater uncertainty and a possible fall in trust.
“It won’t happen overnight, but I know we can get there,” he added.