Intel ( INTC ) is experiencing a market resurgence following the appointment of Lip-Bu Tan as CEO. The stock surged 7.85% on renewed investor confidence, adding to an impressive 21% gain over the past week. With Tan at the helm, Intel is expected to undergo significant restructuring, particularly within its foundry business and AI strategy. Intel’s foundry division, once a cornerstone of its manufacturing dominance, has struggled under the previous leadership of Pat Gelsinger. Execution delays, missed deadlines, and underwhelming manufacturing yields have plagued the company’s efforts to compete with Taiwan Semiconductor Manufacturing Company ( TSM ). Tan, a former Intel board member and seasoned chip industry executive, aims to rectify these issues with a leaner, more agile strategy. A New Vision for Manufacturing and AI Tan’s primary focus is revitalizing Intel’s foundry business, which shifted from an in-house production model to an external client-focused approach under Gelsin...