Exclusive-Intel CEO Lip-Bu Tan streamlines leadership team, names new technology chief, memo says

Intel’s new CEO, Lip-Bu Tan, is streamlining the semiconductor giant’s leadership team, with important chip groups reporting directly to him, according to a memo from Tan seen by Reuters. Intel has also promoted networking chip chief Sachin Katti to be chief technology officer and artificial intelligence chief, according to the memo. The leadership changes are the first major move under Tan, who took the top job last month.