Intel, under pressure to rebalance its business, its CEO

Intel declined to provide Mr. Swan and Mr. Gelssinger for interviews.

In recent years, many of Intel’s major leadership departures have occurred under Brian Krzych, chief executive officer Forced into 2018 After a concurrence with a subordinate. But Intel suffered a setback last year when Jim Keller, a renowned engineer helping to complete development processes, left the company.

Venkat Renduchintala, a former Qualcomm manager who was trying to help Intel overcome its manufacturing problems, said after Intel revealed in 2020 that its next production process would be delayed.

Mr Swan, 60, is credited with helping reduce internal squabbling at the company, and changes have been made with the aim of taking Intel to other markets, such as gear for cellular base stations. They also shed ill business, selling a unit that designed wireless chips to Apple and another SK Hynix to make a variety of memory chips.

But analysts say he lacked the background to make tough technical decisions.

“It takes years to solve chip problems, and while Hans accomplished so much, it wasn’t enough,” said Patrick Moorehead, analyst at Moore Insights and Strategy. He said he expected Mr. Gelsinger to “focus on the company’s engineering culture.”

Mr. Gelsinger faces challenging issues. One is how to respond to Intel’s manufacturing problems. In addition to improving engineering, Mr. Swan indicated that Intel may take a radical step forward from its own factories for some of its flagship chips. The company already uses TSMC to make some products, but outsourcing some of its key processors would be a blow to Intel’s image. The issue is expected to be addressed on January 21 with Intel’s fourth quarter financial results.

Third Point has also raised the question of whether Intel should continue the design and manufacturing operations and whether it should prevent some failed acquisitions.

At the same time, Intel must compete with vengeful competition from chip designers Advanced Micro Devices And NVIDIA. Both take advantage of advanced manufacturing services in Asia, and their share prices have increased while Intel has reduced.

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