Intel CEO Lip-Bu Tan says almost every CEO is calling him up, and this is the reason why

Intel CEO Lip-Bu Tan revealed at the company’s AI Summit that executives across industries are desperately calling for more processors as compute demand explodes. But memory, not chips, is the real bottleneck—suppliers say there’s no relief until 2028. Thermal management has also become critical, with air cooling insufficient for AI workloads. Meanwhile, Intel’s foundry business is gaining traction after Tan drove 7-8% monthly yield improvements.