Intel appoints Lip-Bu Tan as its next CEO
Latest
AI
Amazon
Apps
Biotech & Health
Climate
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
Gadgets
Gaming
Government & Policy
Hardware
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
Startups
TikTok
Transportation
Venture
Events
Startup Battlefield
StrictlyVC
Newsletters
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
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. He’ll also rejoin the Intel board of directors after stepping down from the board in August 2024, Intel said. Zinsner will remain Intel’s CFO, while Johnston Holthaus will remain CEO of the company’s Intel Products division.
Tan, a Malaysia-born, longtime tech investor, formerly served as CEO of Cadence Design Systems. He was a manager at two energy firms, EDS Nuclear and ECHO Energy, and a partner at the Walden USA investment fund before founding venture capital firm Walden International in 1987.
Tan is exceptionally well-connected in the tech industry, and a director on the boards of Hewlett Packard Enterprise, Schneider Electric, and SoftBank. He’s also widely respected as a business leader. After Intel announced Tan’s appointment, the company’s stock jumped around 11% in after-hours trading.
In a statement, Tan said that Intel will be an “engineering-focused company” under his leadership.
“We will push ourselves to develop the best products, listen intently to our customers, and hold ourselves accountable to the commitments we make so that we build trust,” he said. “We also have a responsibility to deliver for our shareholders — something I am equally focused on and expect will be an outcome of our renewed focus on customers.”
Topics
Senior Reporter, Enterprise
North Korean government hackers snuck spyware on Android app store
Trump says he will label violence against Tesla as domestic terrorism
Y Combinator founders raising less money signals a ‘vibe shift,’ VC says
Apple fixes new security flaw used in ‘extremely sophisticated attack’
DOGE axes CISA ‘red team’ staffers amid ongoing federal cuts
At SXSW, Bluesky CEO Jay Graber pokes fun at Mark Zuckerberg with Latin phrase T-shirt
Subscribe for the industry’s biggest tech news
Every weekday and Sunday, you can get the best of TechCrunch’s coverage.
TechCrunch's AI experts cover the latest news in the fast-moving field.
Every Monday, gets you up to speed on the latest advances in aerospace.
Startups are the core of TechCrunch, so get our best coverage delivered weekly.
By submitting your email, you agree to our Terms and Privacy Notice.
© 2025 Yahoo.
EMEA Tribune is not responsible for this news, news agencies have provided us this news.
Follow us on our WhatsApp channel here .
