Gelsinger
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Intel’s New Mandate: 50% Gross Margin or No Go!
To boost profitability, Intel is implementing a strict project approval process. Intel’s new policy mandates a minimum 50% gross margin for new projects, as stated by CEO Michelle Holthaus. Projects not meeting this threshold will be denied funding and resources. This strategic shift, driven by CEO Pat Gelsinger, is aimed at improving Intel’s margins, which currently stand at 31.67% after declining below 50% in Q2 2022.