Intel's newly appointed CEO, Lip-Bu Tan, is poised to initiate significant changes within the company as it seeks to recover from recent struggles. According to reports, Tan plans to streamline operations by cutting middle management and overhauling manufacturing processes. He emphasized the need for tough decisions to realign Intel's chip production and AI strategies. Tan returns to Intel after stepping down from its board last year due to disagreements with the former CEO. The company has yet to provide comments on these developments.