"Our competitors are lean, fast and agile—and that's what we must become," Tan told staff, highlighting a cultural reset toward engineering-led execution and customer focus. He reaffirmed Intel's commitment to launching its Panther Lake chips by year-end, with a broader rollout into 2026, while scaling production of the advanced 18A process node. Despite cost pressures, Intel believes customers may gravitate toward lower-cost, older-generation chips. CEO of Intel Products, Michelle Johnston Holthaus, acknowledged this shift but said the upcoming Panther Lake line would be competitively positioned in both performance and price. Intel's leadership also reiterated its AI ambitions, with the Xeon 6 line showing strong benchmark results. However, US regulatory scrutiny—including potential licensing requirements for AI chip exports to China—adds another layer of strategic complexity.