After Intel Corp. CEO Lip-Bu Tan took over in March last year, the company’s
shares initially stagnated amid weak positioning in the AI chip market. However,
renewed investor optimism and engagement with major tech firms, including Apple
and Tesla, have pushed Intel’s stock to a record high as expectations build for
a turnaround in the AI cycle.
Tan has focused on rebuilding external relationships and manufacturing interest,
though internal execution challenges remain, including regaining market share
and improving chip production competitiveness. He said Intel has “a long way to
go,” adding that while it has the technology, talent and scale to lead again,
“leadership is earned through execution.”
