Intel results to spotlight new CEO Tan’s strategy to reverse years of missteps

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Intel‘s quarterly results will offer the clearest look yet at new CEO Lip-Bu Tan’s turnaround strategy for the embattled American chipmaker, and investors are hoping for early signs that he is reversing years of strategic lapses.

The company is set to post its fourth consecutive quarterly revenue drop on Thursday.

Once the dominant force in global chipmaking, Intel has been losing ground to AMD in the personal computer and data center chip market, while Nvidia has leaped ahead in artificial intelligence.

Tan, who quit Intel’s board in August 2024…



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Intel results to spotlight new CEO Tan’s strategy to reverse years of missteps


Intel‘s quarterly results will offer the clearest look yet at new CEO Lip-Bu Tan’s turnaround strategy for the embattled American chipmaker, and investors are hoping for early signs that he is reversing years of strategic lapses.

The company is set to post its fourth consecutive quarterly revenue drop on Thursday.

Once the dominant force in global chipmaking, Intel has been losing ground to AMD in the personal computer and data center chip market, while Nvidia has leaped ahead in artificial intelligence.

Tan, who quit Intel’s board in August 2024…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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