New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday.

Intel's new CEO Lip-Bu Tan is considering a shift in the manufacturer's contract chip-making business, a change that could cost Intel billions, according to Reuters.

Intel announced its first-quarter financial earnings on Thursday, ... Ohio plant continues as Intel CEO makes big changes by: Katie Millard. Posted: Apr 25, 2025 / 08:30 AM EDT.