Intel has appointed Lip-Bu Tan as its new CEO, replacing Pat Gelsinger. Tan, who previously served as CEO of Cadence Design Systems, shared his vision to restore Intel's position in the industry.

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US chipmaker Intel's new CEO Tan Lip-Bu will receive a salary of US$1 million and be eligible for an annual cash bonus of up to US$2 million, the company said in a regulatory filing on Friday (Mar ...

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SAN FRANCISCO – Intel has named Mr Tan Lip-Bu as its next chief executive officer, entrusting a former board member and semiconductor veteran with one of the toughest jobs in the chip industry.

SAN FRANCISCO: Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race.