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Home World Asia Pacific

Intel appoints Malaysian-born chip industry veteran Lip-Bu Tan as CEO

12 March 2025
in Asia Pacific
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Intel appoints Malaysian-born chip industry veteran Lip-Bu Tan as CEO
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Intel named Lip-Bu Tan, a former board member and chip industry veteran, as its CEO, signaling the company’s commitment to keeping its chip-design and manufacturing operations together. Tan, known for his experience in the industry and as a technology investor, aims to restore Intel’s position as a world-class products company and foundry. The announcement led to a 12% surge in Intel shares, providing hope for stability as the company navigates a significant transition.

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