Intel Names Lip-Bu Tan

Intel Names Lip-Bu Tan Its New CEO, Sending the Chipmaker's Stock Soaring
Intel ( INTC) named Lip-Bu Tan its new CEO, sending the chipmaker's stock higher in after-hours trading Wednesday. Tan, who is set to take the helm of Intel as of next Tuesday, is the former CEO of Cadence Design Systems ( CDNS ), a semiconductor software company that counts Intel among its partners.
Who is Intel’s New CEO? 5 Key Things to Know About Lip-Bu Tan
Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a world-class foundry and delight our customers like never before,” Tan said in a letter to Intel employees on Wednesday.
Who Is Lip-Bu Tan, Intel’s New Turnaround CEO?
Intel ’s stock is soaring after Lip-Bu Tan, a respected veteran in the semiconductor industry, was chosen as its new CEO. The appointment comes three months after the chipmaker, which falling behind in the A.I. race pushed out former head Pat Gelsinger.
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 Wednesday. Prior to this, Tan served as the CEO of Cadence Design Systems, a software company that supplies all of the major chip designers,
Intel appoints Lip-Bu Tan as new CEO, stock up 12%
Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
Intel Names Lip-Bu Tan as Chief Executive Officer
The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share.
Intel names tech veteran Lip-Bu Tan as its next CEO
Intl said former Cadence Design Systems chief executive Lip-Bu Tan will be the company's next chief executive. Former co-CEOs Michelle Johnston Holthaus and David Zinsner will remain at the company.
Intel Rallies After Naming Chip Veteran Lip-Bu Tan as CEO
Shares of Intel Corp. jumped 15% after the company named Lip-Bu Tan as its next chief executive officer, entrusting a former board member and semiconductor veteran with one of the toughest jobs in the chip industry.
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. Tan was the longtime CEO of Cadence Design Systems (CDNS) from 2009 to 2021.
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 months after the it ousted company veteran Pat Gelsinger.
Intel appoints Lip-Bu Tan as its next CEO
Tan succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus. He’ll also rejoin the Intel board of directors ...
Intel appoints Lip-Bu Tan as CEO, stock jumps 10%
Intel has appointed Lip-Bu Tan as its new CEO amidst the company's turnaround effort and reports that TSMC is looking to run ...
Cadence Design may be favored by Intel’s new CEO, says Loop Capital
Loop Capital notes that Intel’s (INTC) appointment of Lip-Bu Tan as CEO – the former CEO of Cadence Design (CDNS), where he turned the company ...