By Denny Jacob
--Intel is flattening the company's leadership team, with important chip groups reporting directly to CEO Lip-Bu Tan, Reuters reports, citing an internal memo.
--The semiconductor company also promoted chip chief Sachin Katti to be chief technology officer and artificial intelligence chief, said the report.
--Intel's data center and AI chip group, as well as its personal-computer chip group, will report directly to Tan, said Reuters.
--Katti, who is also a professor at Stanford University, will succeed Greg Lavender, who is retiring from Intel, according to the report.
Full story at https://www.reuters.com/technology/intel-ceo-lip-bu-tan-streamlines-leadership-team-names-new-technology-chief-memo-2025-04-17/
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
April 18, 2025 06:42 ET (10:42 GMT)
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