In BriefPosted:2:24 PM PDT March 17, 2025Image Credits:NurPhoto / Contributor / Getty ImagesIntel could be in for significant changes as Lip-Bu Tan takes on CEO roleIntels new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company.The semiconductor giants new executive is considering sweeping changes for the companys chip manufacturing and AI strategies, according to Reuters, including cutting middle management staff and revamping the companys approach to manufacturing chips. Tan reportedly told company employees that he would need to make tough decisions to get the company back on track.Tan was announced as Intels new CEO last week. He rejoins the company on Tuesday after exiting Intels board in August 2024 over clashes with Intels former CEO Pat Gelsinger.Intel declined to comment. Topics