Intel’s stock plunged 60% in 2024 and the company ousted its CEO. That has left new CEO Lip-Bu Tan facing significant challenges, including how to fix the chip giant’s business. WSJ explains.

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.

The company announced Wednesday that it has named longtime tech investor and semiconductor industry executive Lip-Bu Tan as chief executive, after former CEO Pat Gelsinger resigned in December.

Intel has appointed Lip-Bu Tan, a major figure in the semiconductor industry, as CEO, the company announced late Wednesday. Tan succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation (Nasdaq: INTC) today announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep ...

Intel's board announced that Lip-Bu Tan will begin as Intel CEO on March 18, taking over from interim co-CEOs David Zinsner and Michelle Johnston Holthaus. Gelsinger was booted from the CEO ...

Intel (INTC.O), opens new tab 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 ...

Peptides are the buzziest ingredient in lip care, promising better lip hydration, smoothness, and fullness. But do peptide lip treatments actually work? Peptides are short chains of amino acids that ...