Intel's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial intelligence strategies ahead of his return to the company on Tuesday, two people familiar with Tan's thinking told Reuters,

Investing.com -- Intel’s (NASDAQ: INTC) incoming CEO, Lip-Bu Tan, is preparing major changes to the company’s chip manufacturing strategy and artificial intelligence initiatives as he returns to lead the struggling tech giant, Reuters said in a Monday report.

Intel’s incoming CEO, Lip-Bu Tan, has considered significant changes to its chip manufacturing methods and artificial intelligence strategies ahead of his return to the company on Tuesday, two people familiar with Tan’s thinking said, in a sweeping bid to revive the ailing technology giant.

Intel's new CEO Lip-Bu Tan, reportedly, is thinking of a revamp of the company's AI strategy and manufacturing operations, as well as potential job cuts.