After the surprise resignation of its former CEO Patrick Gelsinger last year, Intel Corporation has appointed Gelsinger's successor, the firm announced earlier today. Intel's new CEO, Lip-Bu Tan, is back at the firm after having stepped down from its board of directors in 2024. Lip-Bu, like Gelsinger, is an industry veteran and is known primarily for his role at the electronic design automation software products provider Cadence. Cadence's products are used extensively in the chip industry to design products. Intel's co-CEOs David Zinsner and Michelle Johnston Holthaus will perform their roles as chief financial officer and CEO of the firm's […]
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