Intel has a new leader of the helm that hopes to change the course after a difficult period for the chip manufacturer. Company Today this Lip-Bu Tan will act as its new general director, starting on March 18. At the end of last year.
“Intel has a powerful and differentiated computing platform, an extensive base installed by the client and a reliable production track, which becomes stronger every day when we restore our road map of the process technology,” Tan said. “I want to join the company and rely on the work that the whole work of Intel has done to position our business for the future.”
As part of his appointment, Tan will also join the board of directors of Intel. Earlier, he was a member of the board of directors, but left two years later in August 2024. While this step was publicly enrolled as a personal decision Tan, sources It was disappointed with the strategy and culture of Intel by risk.
Tan is a veteran of a semiconductor and software industry. He spent more than ten years as CEO CADENCE Design Systems, as well as 19 years in the Council of Directors of the Company. Tan has a long history as a technical investor as a managing partner from the founder of Walden Catalyst Ventures and the chairman of Walden International.
Intel attracted a negative press last year followed by Field but The date is much further, and it will be required more than just a new general director to completely correct the ship.