With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.

Intel Corp. has appointed Lip-Bu Tan as CEO of the company. He follows the retirement of Pat Gelsinger from the company in December.

Intel has tapped former Cadence CEO and Intel board member Lip-Bu Tan to lead the embattled x86 chipmaker as it struggles to overcome mounting losses stemming from its foundry business. The announcement, made Wednesday afternoon, comes just over three months after Pat Gelsinger was abruptly dumped as chief exec with no succession plan to speak of.

Intel Corporation has announced that its board of directors has appointed Lip-Bu Tan as chief executive officer, effective March 18.

Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs.

Chipmaking giant Intel has named Lip-Bu Tan as its new CEO, effective 18 March 2025, succeeding interim co-CEOs David Zinsner and Michelle Johnston Holthaus. Tan will also rejoin Intel’s board of directors after stepping down in August 2024.

Intel just appointed industry veteran Lip-Bu Tan as its new CEO, giving him the challenge of turning around the struggling chipmaker. Tan, a former Intel board member and longtime semiconductor leader,

Intel has appointed a new CEO, Lip-Bu Tan who is a major figure in the semiconductor industry, effective March 18. On Wednesday, March 12, 2025, the company officially announced that its board of directors has appointed Lip-Bu Tan as

Intel has appointed former Lip-Bu Tan as its new CEO, effective March 18. Tan will also rejoin the board of directors, having stepped down in August 2024 after reportedly clashing with then-CEO Pat Gelsinger over the management of the company.

Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO and signaled the struggling but storied chipmaker was unlikely to split up its chip-design and manufacturing operations.