1 year ago
102
Unlock banal picks and a broker-level newsfeed that powers Wall Street.
Rebecca Szkutak
Tue, Apr 1, 2025, 5:59 AM 1 min read
Intel's caller CEO Lip-Bu Tan wasted nary clip laying retired his plans for the semiconductor giant.
Speaking astatine the Intel Vision league this week, Tan told attendees that the institution volition rotation disconnected assets that aren't halfway to its mission, Bloomberg reported. Tan didn't specify what was classified arsenic halfway and non-core to the company's business.
Intel volition besides motorboat caller products including customized semiconductors for customers, Tan added. But helium made nary notation of breaking up the company, according to Bloomberg, which was a imaginable turnaround strategy floated successful caller months.
Tan was named Intel's CEO connected March 12 and assumed the relation connected March 18, a small implicit 3 months aft erstwhile CEO Pat Gelsinger was forced retired of the relation connected December 1. Previously, Tan was a subordinate of the company's committee of directors earlier resigning precocious past August.
TechCrunch has reached retired to Intel for comment.
English (CA) · 
English (US) · 
Spanish (MX) ·