Intel's new CEO, Paul Otellini, is planning significant changes for the company.

Intel's new CEO, Pat Gelsinger, has outlined a major overhaul of the company aimed at reviving the struggling chip giant. The reforms will focus on reshaping Intel's strategy in the field of artificial intelligence to counter the competition from Arm and Nvidia. The company will also cut some middle managers to address the issue of organizational inefficiency. Intel will also improve the yield rate of its chips to attract more external customer orders and try to make itself a "world-class foundry" to compete with TSMC. The company will also restart its AI server chip production plan and expand its business to software, robots, and artificial intelligence foundation models. Gelsinger's strategy is largely a continuation of the direction taken by his predecessor, but with key adjustments. Gelsinger had invested heavily in building factories, trying to transform Intel into a top-tier chip foundry, but had to scale back the plan due to the cooling of the core product market. In contrast, Chen will focus more on improving the quality and efficiency of chip manufacturing to attract customers like Nvidia and Google.