New CEO Chen Liwu in his firstIntelDuring the earnings conference call, he outlined the company's strategic blueprint to analysts and warned: "This is not an overnight solution." He said that Intel will comprehensively sort out Intel's existing products and optimize and upgrade emerging trends in the AI market such as robots and user task agents.
The challenge is daunting because Nvidia (NVDA.O) now sells more than just chips - its business covers a complete set of data center solutions, from chips and cables to software compilers. Chen Liwu said on Thursday that Intel would adopt a similar systemic strategy.
Chief Financial Officer David Zinsner revealed that Intel will not make more acquisitions in the short term. "The priority now is to improve the balance sheet," he stressed. This move means that Chen Liwu’s final efforts to integrate a unified AI strategy will mainly rely on independent research and development.
"We are adopting a holistic strategy to reshape our product matrix to adapt it to emerging AI workloads," said Chen Liwu. "Our goal is to become the platform of choice for customers, which requires us to completely innovate our design and engineering concepts and anticipate customer needs in advance."