Intel hires former board member as new CEO in struggling chipmaker's latest comeback attempt
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Intel has appointed Lip-Bu Tan, a former board member and semiconductor industry veteran, as its new CEO. This move is part of Intel's ongoing efforts to revitalize the company amid its struggles in the competitive chipmaking industry.
March 13, 2025 | 9:30 am
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Intel has appointed Lip-Bu Tan as its new CEO, aiming to leverage his semiconductor expertise to address the company's ongoing challenges. This leadership change is part of Intel's strategy to regain its competitive edge.
The appointment of a new CEO with industry expertise is a significant move for Intel, indicating a strategic effort to address its challenges. This could positively impact investor sentiment and the stock price in the short term.
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