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Intel's interim co-CEO Zinsner says new chief executive will have foundry experience
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Intel's interim co-CEO Zinsner says new chief executive will have foundry experience
Dec 4, 2024 1:50 PM

Dec 4 (Reuters) - Intel ( INTC ) will have a CEO with

manufacturing expertise as well as experience in the product

side of the business, interim co-CEO David Zinsner said at the

UBS technology conference on Wednesday.

Reuters reported on Tuesday that Intel ( INTC ) has started

evaluating a handful of outsiders including former board member

Lip-Bu Tan to take the reins of the struggling chipmaker.

Intel's ( INTC ) "core strategy remains intact", Zinsner said at the

conference, two days after the struggling U.S. chipmaker

announced the resignation of CEO Pat Gelsinger following

impatience with the pace of a costly turnaround.

The company also requires a "significant cultural change" to

become a successful foundry player as well as in the

semiconductor business, Intel's ( INTC ) head of foundry manufacturing

and supply chain Naga Chandrasekaran said.

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