Archive · 2 Aug 2025

Intel Executives to Retire Amidst Manufacturing Strategy Shift

Intel Executives to Retire Amidst Manufacturing Strategy Shift

Intel, a big company that makes computer chips, is making some changes.

The new boss, Lip-Bu Tan, is trying to fix things.

They're planning to cut jobs, about 22% of their employees, by the end of the year.

Several important leaders are also leaving the company.

They're changing how they make things and might stop offering certain chip-making technology to focus on their own products.

One of their upcoming chip-making processes, called 14A, needs to get customers before they can move forward.

They're also working on new computer chips called Panther Lake, which will be made using a process called 18A.

Sources