Intel’s chief executive of products departs among other leadership changes

Intel announced several leadership changes, including the departure of its chief executive of products. The tech giant is also establishing a new central engineering group that will focus on developing custom chips for external clients. The changes come as Intel seeks to bolster its competitiveness in the semiconductor market, which has become increasingly dominated by rivals like AMD and Nvidia. The creation of the custom chip division suggests Intel's efforts to diversify its product portfolio and cater to the growing demand for specialized computing solutions. While the reasons behind the leadership reshuffle were not explicitly stated, the moves are likely part of Intel's broader strategic realignment as it aims to adapt to the rapidly evolving technology landscape. The departure of the chief executive of products, in particular, could signal a shift in the company's priorities and a renewed focus on areas such as custom chip development and partnerships with external customers.