At a recent Intel conference, Tan made no mention of breaking up the company, and said that Intel will launch new products like custom semiconductors.

Intel CEO Lip-Bu Tan discusses the company’s future at its Vision conference Spinning off non-core assets and adding more engineers are a priority Tan wants to listen to customers, but “it won’t happen overnight” Intel's new CEO and successor to Pat Gelsinger,

Intel Corp. Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren’t central to its mission and create new products including custom semiconductors to try to better align itself with customers.