Intel, Lip-Bu Tan and Pat Gelsinger

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,
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.
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.
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 Portland area.
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.
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'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.
Intel gets a new CEO, investors start to doubt AI will pay off — but agents are on fire
Turning around Intel is a huge undertaking , especially if, as Tan said this week, he aims to keep both Intel design and foundry units. Even if TSMC might be interested in a joint foundry venture — a big if — it would take a miracle to keep Intel whole.
Intel Appoints a New CEO
Intel appointed Lip-Bu Tan as its new CEO, aiming to stabilize the company after a turbulent period under Pat Gelsinger.
Intel's new CEO's pay package valued at $69 million, with $1 million as base salary
The company named Tan as the CEO on Wednesday, tasking the industry veteran to lead a faltering transition to a successful ...
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 ...
Intel Jumps 10% as Incoming CEO Tan Brings 'Instant Credibility' to Turnaround Efforts
The stock jumped 10% in premarket trading, a day after the 65-year-old industry veteran was tasked with steering the company, ...
Analyst reworks Intel stock price target as new CEO raises concerns
Intel's recent rally has stalled amid the broader market decline and questions over its longer-term turnaround.