The 2nm myth is gradually fading away! The new CEO holds high the financial discipline, but the technological revival of Intel (INTC.US) seems to be a long way off.
Wisdom Financial APP learned that Lip-Bu Tan, the CEO of the old chip giant Intel (INTC.US), vowed to implement "new financial discipline" within the company. However, he failed to clearly explain how the chip giant can become more competitive in the unprecedented AI boom, and how it can catch up with "chip foundry king" TSMC in the field of advanced chip processes. The market did not learn from the new CEO's remarks how to regain leadership in the PC field and how to play catch-up in the high-performance AI chip field dominated by Nvidia.
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