Intel in crisis: CEO Lip-Bu Tan to employees; customers giving failing grades

Intel's new CEO, Lip-Bu Tan, delivered a sobering assessment, acknowledging the company's decline in the semiconductor industry and its struggle to compete in the AI sector, particularly against Nvidia. He emphasized the importance of the 18A manufacturing process and a shift towards edge AI applications as crucial steps in Intel's turnaround, which he described as a "marathon."

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