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Intel taps Israeli executive as interim data center chief

Intel has appointed Karin Eibschitz Segal as interim head of its Data Center and AI Group (DCAI) after Justin Hotard’s departure, who will become Nokia’s CEO on April 1.

Eibschitz Segal has been with Intel for over 20 years, holding senior roles in design engineering and validation.

Intel highlighted her leadership in products, systems, and infrastructure, while also acknowledging Hotard’s contributions to DCAI.

She takes on the interim role as Intel shifts its strategy to expand manufacturing for external clients.

Recent Intel developments

Timeline
07-Feb-2025 💼 Intel to cut 58 more jobs
  • Intel cuts 58 jobs in Folsom, CA by March 31.
  • Over 1,000 jobs lost since January in ongoing layoffs.
04-Feb-2025 🛑 Intel delays AI chip designed to rival Nvidia
  • Intel halts Falcon Shores AI processor launch
  • Chip now for internal testing for Jaguar Shores
31-Jan-2025 💰 Intel receives $2.2b funding from CHIPS Act
  • Intel receives $2.2B from US CHIPS Act grants
  • Total CHIPS funding now $7.86B, less than estimated
30-Jan-2025 📉 Intel set to report Q4 earnings as shares drop
  • Intel reports earnings on Jan. 30, 2025
  • 60% stock drop; new interim CEOs face challenges
18-Jan-2025 📈 Intel’s stock jumps amid buyout rumors
  • Intel’s stock surged 9.5% on acquisition news.
  • Valued at $90B, Intel faces past challenges.

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