May 02, 2025
The new trajectory includes restructuring the company's approach to AI and staff cuts to address “a slow-moving and bloated middle management layer”
The company named Lip-Bu Tan as the CEO on Wednesday, tasking the industry veteran to lead a faltering transition to a successful chip manufacturing firm
Tan believes that relatively small teams of startup engineers with good chip design ideas can successfully compete against incumbent chip giants
While China claims democratically governed Taiwan as its own territory, Beijing has no say in foreign investment approval decisions by Taipei
