April 8 - Intel (NASDAQ:INTC) is trying to spark a comeback, and its new CEO, Lip-Bu Tan, says it starts with culture. Speaking at last week's Vision 2025 event, Tan laid out a plan to bring back innovation and trust to a company that's lost its edge.
Tan didn't sugarcoat Intel's struggles. He pointed to an erosion of engineering talent, fading innovation, and growing distance from customers. His fix? A day-one startup culture mindset. That means listening more, hiring better, and potentially spinning off side businesses that aren't core to Intel's future.
The bigger picture includes a sharper push into artificial intelligence and data centers, two areas where Intel has fallen behind rivals like Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). The company showed off AI work with partners like Zoox, EdgeRunner AI, and Softec, highlighting its tech in autonomous driving, military systems, and healthcare.
Intel also gave an update on its 18A manufacturing process, saying it's moved into risk production, a key step as it ramps up chip output.
Shares of Intel were down 2% on Tuesday afternoon.
This article first appeared on GuruFocus.免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。