Intel’s new chief executive has promised a major “culture change” at the US semiconductor group, saying he will prioritise attracting talent, building relationships with customers and slashing bureaucracy.
Speaking at a company conference in Las Vegas on Monday, Lip-Bu Tan also said Donald Trump’s administration is prepared to help Intel as the federal government seeks to maintain US semiconductor leadership.
Tan, a longtime investor in the sector and former CEO of chip software company Cadence, was appointed to lead Intel earlier in March. His appointment followed a four-month search for a successor to Pat Gelsinger, who the board ousted in December.
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