Intel appoints Lip-Bu Tan as new CEO to lead struggling chipmaker’s turnaround effort – All you need to know about him

Intel has appointed Lip-Bu Tan as its new CEO, signaling a major leadership shift as the company attempts to recover from one of the most challenging periods in its history. Tan, a seasoned semiconductor industry veteran and former Intel board member, will officially take over on March 18. His appointment comes three months after the company ousted Pat Gelsinger, whose ambitious turnaround strategy failed to restore investor confidence.