Intel confirmed the departure, saying, "We are grateful for Saf’s contributions to Intel and wish him the best."

Yeboah-Amankwah, who has served as Intel's Chief Strategy Officer since 2020, is leaving on June 30, said the two people, who spoke on condition of anonymity. Yeboah-Amankwah has overseen growth initiatives, strategic partnerships and equity investments for Intel, among other responsibilities.

Some of Yeboah-Amankwah's strategy functions will now fall to Sachin Katti, whom Intel recently elevated to chief technology and AI officer.

Intel Capital, the company's venture arm, is reporting up to Tan, said one of the two people and a third source briefed on the matter.

Tan is a prolific investor and founded San Francisco-based venture capital firm Walden International in 1987.

As Intel's Chief Executive Officer, Tan so far has flattened the semiconductor giant's leadership team and taken direct oversight of its important data centre and AI chip group, plus its personal-computer chip group. He has brought in new engineering leaders.

--Reuters--