This article reviews Intel's business as one of the world's largest semiconductor manufacturers and its management reforms in recent years. In 2024, it announced workforce reductions, investment curbs and a dividend suspension, and in 2025 appointed a new CEO. In August of the same year, the US government indicated a policy of acquiring part of the company's shares in exchange for subsidies.
Intel designs, manufactures and sells semiconductor chips, graphics chips and connected devices, and is positioned as one of the world's largest semiconductor manufacturers, with a significant share of the PC CPU market. It supplies major manufacturers including Dell, Lenovo and HP.
In terms of its management history, former executive Pat Gelsinger returned as CEO in 2021 and entered the foundry business under the new "IDM 2.0" strategy, but weak performance continued. In August 2024, the company announced workforce reductions, capital expenditure cuts and a dividend suspension, and in December of the same year Gelsinger's tenure as CEO ended.
In March 2025, the company appointed former Cadence CEO Lip-Bu Tan as its new CEO. In August 2025, it was reported that the company had agreed to allow the US government to acquire a 9.9% stake in exchange for subsidies.