Intel Corp. has added two notable figures from the semiconductor industry to its board.
Eric Meurice, former CEO of ASML Holding NV, and Steve Sanghi, head of Microchip Technology Inc., have been appointed as independent directors.
This move is aimed at bringing valuable experience and operational vigor to the company as it faces challenges in the competitive chip market.
The appointment of Meurice and Sanghi is expected to provide critical insights and guidance to enhance Intel's leadership and operational strategies.