Key Takeaways Intel named Lip-Bu Tan its new CEO, effective March 18. Tan is the former CEO of Cadence Design Systems, a semiconductor software company that has partnered with Intel.The chipmaker had ...

Intel (INTC) stock jumped Thursday after the chipmaker announced it's appointing Lip-Bu Tan as its new CEO Wednesday evening.

Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.

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

Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.

Lip-Bu Tan, a former member of Intel’s board and a vocal critic of former CEO Pat Gelsinger, will be taking the helm on ...

Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO. Tan was the longtime CEO of Cadence Design Systems (CDNS) from 2009 to ...

Shares of INTC jumped over 8% on news that Tan has a turn-around plan for Intel, which could include staff layoffs and ...

Intel appoints veteran Lip-Bu Tan as CEO amid efforts to reclaim its industry dominance. Tan, known for doubling revenue at Cadence Design Systems, fa ...

Lip-Bu Tan, once praised by Taiwan Semiconductor Manufacturing Co TSM founder Morris Chang for rescuing Cadence Design Systems CDNS from turmoil, is now stepping in to lead Intel Corp INTC at a ...

The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share.