Intel chief executive Pat Gelsinger revealed the company’s next steps this week in the form of three main goals that might turn around the struggling technology company. But tech enthusiasts worry: Will it be enough?
In a recent meeting, Intel leadership discussed how to pursue their long-term strategy. The Board, comprised of independent directors, emphasized the importance of Intel’s efficiency, profitability, and market competitiveness. In the end, they agreed upon three core objectives: enhancing Intel’s foundry operations, optimizing costs to hit the $10 billion savings target, and refocusing on its core x86 technology while driving forward its AI initiatives.
