Intel Hires New CEO Tan
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Technology
Intel's new CEO might have the last best chance to turn around the company — here's how he could do it
75% Informative
Wall Street analysts and current and former Intel employees say Lip-Bu Tan needs to take steps to avoid a break-up.
Tan is looking to bolster Intel 's faltering AI chip efforts to catch up to Nvidia and others.
Tan 's experience as former CEO of Cadence Design Systems , a semiconductor design software company, was appointed March 12 .
Former and current Intel employees describe the company, whose staffers refer to themselves as " Team Blue ," as slow and bureaucratic.
Past high-level executives said the chipmaker's new CEO will need to shake up company culture and cut middle management.
Tan already has said Intel has "hard decisions" ahead.
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