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Intel fires its Indian-origin chief engineer Murthy Renduchintala for production failures
Renduchintala’s ouster marks escalation of pressure on Intel after disastrous announcement last week that knocked $40 billion off its market value.
IAN KING28 July, 2020 8:50 am IST
Murthy Renduchintala | Photo via Bloomberg
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San Francisco: Intel Corp. ousted Chief Engineering Officer Murthy Renduchintala, the executive in charge of the company’s vast chip-design and manufacturing organization, less than a week after saying it has fallen further behind rivals in production technology.
The executive will leave Aug. 3, and his organization will be split up and led by other leaders. Intel said it was making the changes “to accelerate product leadership and improve focus and accountability in process technology execution,” according to a company statement on Monday.
Renduchintala’s ouster marks escalation of pressure on Intel after disastrous announcement last week that knocked $40 billion off its market value.
IAN KING28 July, 2020 8:50 am IST

Text Size: A- A+
San Francisco: Intel Corp. ousted Chief Engineering Officer Murthy Renduchintala, the executive in charge of the company’s vast chip-design and manufacturing organization, less than a week after saying it has fallen further behind rivals in production technology.
The executive will leave Aug. 3, and his organization will be split up and led by other leaders. Intel said it was making the changes “to accelerate product leadership and improve focus and accountability in process technology execution,” according to a company statement on Monday.