Intel $INTC, a cornerstone of the global semiconductor industry, has initiated sweeping leadership changes just weeks after Lip-Bu Tan stepped in as the company’s new CEO. This strategic overhaul heralds a new era, positioning Intel to regain its edge in server technologies, artificial intelligence, and networking chips after a long period of challenges.

Nvidia’s $NVDA recent announcement of an expected $5.5 billion loss sent ripples through global financial markets. This projection stems from a new US government ban on the export of Nvidia’s advanced artificial intelligence (AI) chip, the H20, to China—a critical region for the tech giant. This escalation in US export controls marks a new chapter in the technological standoff between the US and China, both vying for leadership in the high-tech sector.