Focused, Agile Intel with Potential Acquisition
Intel Corporation‘s newly appointed hashtag#CEO, Lip-Bu Tan, has been in the role for only about three weeks. A significant group of analysts had the chance to take a picture with him, ask questions, and I even quickly introduced myself to the new leader of Intel. This is personally the fastest introduction to a CEO of a Fortune 100 company in my career. Michelle Johnston Holthaus a CEO of Intel products was also there.
My first impression of Lip-Bu is that he is a doer. He will take the time to evaluate Intel and will likely make some adjustments. He discussed the possibility of spinning off some non-core business units. Reading between the lines, there is a strong indication that he will retain the foundry business, as that is what can give Intel a much-needed edge.
He will thoroughly examine the company and do everything within his power to turn things around. There is a strong indication that he will lead Intel into robotics, an area adjacent to the automotive business. Lip-Bu’s wording implied that Intel might acquire companies, personnel, and intellectual property, and potentially rehire former leaders.
Lip-Bu has a strong chance of finishing what Gelsinger started and shaping the company for its future leadership position. The current fabrication plants (fabs) are likely to remain, and the chip market’s future activity and economic outlook in this and the next year will determine the plans for future ones.
From our current perspective, the consumer business unit is already back on track for leadership across most of its product lines. There will be more to discuss later this year. Panther Lake and Clearwater Forest are the next significant developments coming with Intel 18A in 2026.
