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Intel Appoints Former Cadence CEO Lip-Bu Tan

Intel bets new CEO can achieve what Pat Gelsinger failed

Long-time Intel executive Pat Gelsinger resigned in December of 2024. Intel was once the world’s largest producer of computer chips with its technology used in almost every PC on the market. However,

Ars Technica · 1d

New Intel CEO Lip-Bu Tan will pick up where Pat Gelsinger left off

After a little over three months, Intel has a new CEO to replace ousted former CEO Pat Gelsinger. Intel's board announced that Lip-Bu Tan will begin as Intel CEO on March 18, taking over from interim co-CEOs David Zinsner and Michelle Johnston Holthaus.

CNBC on MSN · 1d

Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%

Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.

Intel, CEO

TechCrunch on MSN · 1d

As Intel welcomes a new CEO, a look at where the company stands

When Pat Gelsinger tool the helm at Intel in 2021, the company was already in rough shape. Here's what Intel's new CEO is walking into.

Fox Business on MSN · 15h

Intel's new CEO tasked with turning around chip giant

Intel on Wednesday announced a new CEO, Lip-Bu Tan, will be taking the helm of the chipmaker. He is slated to assume the top job at Intel on Tuesday.

Barron's on MSN · 1d

Intel Stock Jumps on New CEO

Intel announced the end of its search for a new CEO with the hire of Lip-Bu Tan on Wednesday afternoon. Shares jumped 12% in after-hours trading, building on the day’s 4.6% gain. Tan replaces interim CEOs David Zinsner and Michelle Johnston Holthaus who were installed temporarily in the wake of former CEO Pat Gelsinger’s resignation in December.

CCN on MSN1d

Intel Stock Jumps 12% as Lip-Bu Tan Named CEO, Replacing Ousted Pat Gelsinger

Intel has appointed Lip-Bu Tan as its CEO. The American chipmaker was without a chief executive for three months after Pat ...

The San Joaquin Valley Sun12h

Former Intel board member brought on as CEO

Intel has appointed Lip-Bu Tan, a former board member and industry veteran, as its new CEO, as the struggling chipmaker aims ...

17h

Intel appoints new CEO who expresses faith in its manufacturing future

The interim leaders "brought the discipline and focus needed to improve our execution, stabilize our performance and position our company for the future," Intel Chairman Frank Yeary said in a public ...

1don MSN

Struggling Intel names ex-board member Lip-Bu Tan as CEO, sending shares soaring

Struggling chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18, more than three ...

22h

Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker's only shot

Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO.

19h

Investors, observers react to new Intel CEO Lip-Bu Tan

Incoming Intel CEO Lip-Bu Tan faces the challenge of turning around the chipmaker, which employs 20,000 workers in the ...

TechBullion6h

Intel Appoints Lip-Bu Tan As CEO

Intel appoints Lip-Bu Tan as its new CEO on Wednesday. TakeAway Points: Intel announced Lip-Bu Tan as its new CEO on ...

6don MSN

Intel is still using TSMC for 30% of its wafer demands: 'We were talking about trying to get that to zero as quickly as possible. That's no longer the strategy'

Intel's foundry business never seems far from the headlines these days, not least because various ex-executives continue to ...

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