Since Lip-Bu Tan became Intel CEO in March 2025, the company has faced layoffs, leadership changes, and average earnings—but it's now doubling down on revamping its foundry business. With growing customer interest and new AI initiatives led by CTO Sachin Katti, Intel is pushing to compete with TSMC. A key move: developing advanced high-NA EUV technology through its 14A process, aiming to avoid past missteps and reclaim its chipmaking edge.
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