Just weeks into his role, Intel CEO Lip-Bu Tan is shaking up the company with a bold reorganization aimed at eliminating bureaucracy and restoring engineering-driven innovation.
š§© Key Changes:
- Flatter leadership structure: Major chip divisions (data center, AI, and PC chips) now report directly to Tan.
- Empowering engineering: Top technical leaders Rob Bruckner, Mike Hurley, and Lisa Pearce will also report directly to him.
- New Chief Technology & AI Officer: Networking chip exec and Stanford professor Sachin Katti replaces Greg Lavender to lead Intelās AI roadmap, Labs, and developer ecosystem ties.
-Government affairs shake-up: A new head of public policy will also report directly to Tan, underlining the role of geopolitics in Intelās future.
š” Why it matters:
Tan called out Intelās āsuffocatingā complexity and slow decision-making, saying it had stifled innovation. His plan? Cut red tape, get closer to product teams, and accelerate execution.
š° Strategic Shift:
Intel also announced the sale of a 51% stake in Altera (its programmable chip unit) to Silver Lake, valuing it at $8.75Bāa sharp pivot from its $17B acquisition in 2015. The move brings in much-needed capital as Intel doubles down on manufacturing investments.
š§ The Big Picture:
Tanās leadership marks a decisive break from the past, signaling a return to Intelās roots: engineering-first innovation, streamlined operations, and aggressive AI and chip development.
His message is clear: Intel canāt afford to move slow anymore.