A veteran of the semiconductor industry, Lip-Bu Tan has an even longer track record as a technology investor, particularly in Chinese companies.
Incoming Intel CEO Lip-Bu Tan brings "instant credibility" that should help restore investor confidence and support the company's efforts to become a major contract chipmaker, Wall Street analysts said on Thursday.
Intel named Lip-Bu Tan as its next chief executive officer. Tan will assume the role on March 18 and will rejoin the board as well after stepping down in August 2024.
In this video, I will cover the recent updates regarding Intel (INTC 4.55%) and why choosing Lip-Bu Tan as new CEO has me excited. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around a once-dominant company that helped define Silicon Valley.
When a top analyst skewered AMD's software, CEO Lisa Su called him personally to chat. AMD's AI chips have struggled to compete against Nvidia's dominance, and software is its weakness.
Intel Corp (NASDAQ:INTC, ETR:INL) has named industry veteran and former board member Lip-Bu Tan as its new CEO, effective March 18, in a move welcomed by analysts as a stabilising force for the struggling chip giant. Reflecting this, the stock spiked 10% in after-hours trading.
Lip-Bu Tan may be one of the most powerful technology executives you've never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his performance will be on full display.
Intel tapped former board member Lip-Bu Tan as its CEO on Wednesday, as the struggling American chipmaking icon attempts to emerge from one of its bleakest periods.
It was another busy day on Wall Street. On the latest Asking for a Trend, anchor Josh Lipton gets an instant reaction to the news that Intel has named Lip-Bu Tan as its new CEO.
The semiconductor pioneer has appointed Lip-Bu Tan, a well-known tech investor and executive, as its new leader.
CNBC's Kristina Partsinevelos joins 'Fast Money' to talk Lip-Bu Tan taking over as Intel CEO.