Image: Intel Intel Products CEO Michelle Johnston Holthaus attended a Bank of America Conference, where a strategic overview was presented. Intel's longstanding financial woes have taken their toll on the once-leading manufacturer, leading to continual layoffs year after year for some time now. Former Intel CEO Pat Gelsinger was replaced by Lip-Bu Tan earlier this year, who has been tasked with getting the company back on track for profitability. Much of what Michelle Johnston has stated at the conference directly refers to Lip-Bu Tan's plans for getting Intel back on track. Jay Karya, an analyst from BofA and part of its semiconductor and semi cap equipment research team, was keen on getting details regarding exactly what Intel's current strategy is for obtaining its goals.