Intel Appoints Lip-Bu Tan as New CEO

Intel Corporation has appointed Lip-Bu Tan as its next chief executive officer, assigning a former board member and semiconductor industry veteran to one of the most challenging roles in the chip sector. Tan, aged 65, will officially take up the position on March 18, according to a statement released by the company. He will also rejoin the board after stepping down in August 2024. — news from Bloomberg

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