Intel's new CEO Lip-Bu Tan is making significant changes to turn around the struggling company. One aspect of these changes involves cutting middle management staff and overhauling chip manufacturing processes.The plan could have both positive and negative consequences. On one hand, reducing unnecessary layers of management might improve efficiency and reduce waste. On the other hand, such drastic measures could lead to job losses and decreased morale among remaining employees.While details about AI strategies are not provided in the article, it is clear that Intel is looking to adapt to the rapidly changing tech landscape. The success of these efforts will be crucial in determining the company's future prospects.