Intel CEO Lip Bu Tan may be planning this ‘big change’ in company’s chip manufacturing business

Intel CEO Lip-Bu Tan is reportedly planning a ‘big change’ to the company’s chip manufacturing business to attract major customers. This potential shift deviates from his predecessor’s plans and could involve substantial investment. According to a report by the news agency Reuters, two sources familiar with the matter revealed that this new strategy for Intel’s foundry business would involve offering outside customers a newer generation of technology. Analysts also reportedly believe that this next-generation chipmaking process would position Intel more competitively against Taiwan Semiconductor Manufacturing Co (TSMC) in securing large clients like Apple or Nvidia.