Reported about 21 hours ago
Intel has appointed Lip-Bu Tan, a former board member and experienced semiconductor executive, as its new CEO in a bid to revitalize the struggling company after the abrupt retirement of Pat Gelsinger. Tan, who has previously led Cadence Design Systems, joins Intel amidst significant challenges, including massive layoffs and increasing competition from rivals like Nvidia. His background and leadership are seen as essential for restoring Intel's position in the tech industry.
Source: YAHOO