Intel Will "Continue to Run Faster"

Incoming CEO Paul Otellini says that's how the giant chipmaker will deal with rivals like AMD who are coming on strong

Paul Otellini may have one of the shortest honeymoons in the history of corporate successions. On Nov. 11, the board of chipmaking goliath Intel (INTC ) announced that its 54-year-old president will become the fifth CEO of Intel starting next May. A 20-year Intel veteran, Otellini doesn't have a lot of time to settle into the job. The chipmaker is facing the most challenging time since it first came to dominate the semiconductor business in the mid-1980s (see BW Online, 11/18/04, "Getting Intel Back on the Inside Track").

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