Tech
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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