Intel's new CEO Lip-Bu Tan cut management layers from 12 to 6 and raised capital from Nvidia and SoftBank, helping turn around the company's stock.

Lip-Bu Tan became Intel's CEO in March 2025 and cut the company's management structure from 12 layers to 6, ending a practice where managers filtered information before reporting to executives.

Intel raised billion-dollar investments from Nvidia and SoftBank and converted a scheduled $8.9 billion grant into an equity stake for the federal government, helping address the company's $50 billion debt.

Intel's next-generation 14A manufacturing process is on track, and the company has benefited from insatiable demand for memory to support AI functions, driving sales of existing CPU chip inventory.