a radical change regarding its predecessor that points to more layoffs

TO Lip-bu Tan A nuclear accident changed his life. He was a prodigious student, and after graduating in Physics with only 19 years at Nanyang University in Singapore, he completed a Master in Nuclear Engineering at MIT. That seemed to be his way, but in 1979 the Three Mile Island accident It caused a wave of pessimism about the future of these centrals and, consequently, of job offers.

So he ended up studying a Master in Business Administration at the University of San Francisco. And from there they began their successes. He created a risk capital fund called Walden and focused on the semiconductor industry and alternative energies.

Among its investments in the semiconductor sector Highlights what he did for example in Annapurna Labswhich ended up being bought by Amazon and became a fundamental pillar of the development of chips used by this giant in its infrastructure. Also invested in Nuvia, which would end up being bought by Qualcomm In 2021.

In addition to his role as an investor, in 2004 he was appointed member of the Council of the Cadence Design Systems semiconductor company. In 2008, he was appointed co-cup, and ended up leading the company alone from 2009 to 2021. During his management the actions of Cadence grew by 3,200% value, and became for example one of Apple’s strategic partners.

That successful management made it so became a usual signing in administration councils. In addition to participating in that of several academic institutions, he directs the advice of Hewlett Pckard Enterprise, Schneider Electric and, even more interesting, SoftBank.

So did not match Gelsinger, and that is a track for the future

But even more striking than his position in Softbank is the one he had in Intel: from 2022 to 2024 he was a member of the Board of Directors of this company. Left his post in August 2024, and curiously He did it for his differences with the management of Pat Gelsingerthe then CEO of the company.

According to Reutersthat was due to several reasons. For example, I was concerned about the increasing number of Intel employees and also a culture in which bureaucracy and risk aversion were too settled. He also had doubts about his strategy in artificial intelligence, and failed to promote an initiative for Intel to achieve third -party manufacturing contracts.

All these conflicts make clear what is so – that is 65 years old – probably raises for the immediate future of Intel. Analysts like Patrick Moorhead They believe that the new CEO will make important expenses of expenses, and that probably means one thing: layoffs.

The question is whether Intel’s division will also boost so that the manufacturing unit (Foundry) is separated from the design and development of processors. It is the same thing that AMD did in 2009 and it went welland there are many experts who have recommended that That split is carried out.

There is also the unknown of how Intel will also become a reference in the chips segment for ia. They certainly have products promising, like Gaudi 3but they need to turn them into an element that giants of the AI ​​hugged, something that does not seem to happen.

Own A message wrote yesterday To all employees, and a message was clear: “Intel will be a company focused on engineering“. He did not give keys about the steps he will take in the short term, but his alleged past differences With Pat Gelsinger they seem to make it clear that his management will be different from the one raised by the Excus.

It has an important initial advantage to start with good foot: Everyone knows him. Both inside Intel and outside. His potential clients in the company also, especially because they have probably done business with him while he was in the Intel Council or while CEO of Cadence, who worked with numerous technology and semiconductor firms.

It maintains good relations with Lisa her from AMD and with Jensen Huang, from Nvidia, They say in Reuters. Now it remains to be seen if all these contacts and experience make Intel exceed the greatest crisis in their history.

Image | Intel

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