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flag Intel admits it's fallen out of top 10 semiconductors, facing AI competition; CEO pushes restructuring.

flag Intel's CEO, Lip-Bu Tan, admitted that the company is no longer among the top 10 semiconductor firms and faces challenges in the AI market, dominated by competitors like Nvidia. flag Despite acknowledging Intel's fall from leadership, Tan is pushing for a restructuring to make Intel more competitive, focusing on edge AI and autonomous systems. flag The company has undergone layoffs and business unit closures as part of this effort.

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