Intel isn’t a top chip company any more, Intel CEO says

From PC World: Tough love? Newly appointed Intel chief executive Lip-Bu Tan told employees this week that the company is not among the top 10 leading chipmakers, according to a report.

Tan reportedly made his remarks to a company-wide meeting of employees, according to OregonLive.

The publication accessed remarks made by Tan, but the key quote is a doozy. “Twenty, thirty years ago, we are really the leader,” Tan said, according to the paper. “Now I think the world has changed. We are not in the top 10 semiconductor companies.”

Tan acknowledged that the company had been the leader decades ago, before falling out of a leadership position. Intel has been widely criticized for missing the opportunity in mobile processors, and more recently, not establishing a leadership position in AI. Instead, Tan reportedly gave credit to rivals AMD and Nvidia, among others, which aggressively addressed the AI market.

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