Intel has started a new chapter in its leadership. On March 12, 2025, Intel announced that Lip-Bu Tan has been appointed as the company’s new Chief Executive Officer (CEO). Tan will take over his new responsibilities from March 18. Along with this, he will also rejoin Intel’s board of directors, from where he had stepped down in August 2024.
Lip-Bu Tan’s journey: Story of a technology leader
If you are interested in semiconductors and technology, then the name of Lip-Bu Tan will not be new to you. He is a renowned name in the technology industry who has earned a lot of fame in the semiconductor and software industries in his career spanning nearly 20 years. Prior to this, he was the CEO of Cadence Design Systems (from 2009 to 2021), where he brought a major transformation in the company and focused on customer-centric innovation.
As the CEO of Cadence, he doubled the company’s revenue, expanded operating margins, and saw a 3,200% increment in stock price. Not only this, he is also the founding managing partner of Walden Catalyst Ventures and chairman of Walden International.
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New Beginnings at Intel
On Tan’s appointment, Intel’s interim executive chair, Frank D. Yeary, said, “Lip-Bu is an exceptional leader with a deep knowledge of the technology industry and whose customer-centric approach is a perfect fit for Intel. We are thrilled that he is ready to take Intel on a new path.”
On his new role, Tan said, “Intel has always had a special place in technology and it is an honor for me to join this company. I am looking at how we can better understand our customers’ needs through new approaches and create new value for shareholders.”
What difference can Lip-Bu Tan make?
Tan’s arrival is expected to accelerate Intel’s turnaround. His experience and approach could take Intel’s product leadership and foundry strategy to a new level. He has previously driven customer-centric innovation at Cadence, and he can bring the same to Intel.
Intel has a powerful and unique computing platform that Tan can make even stronger. The company’s customer base is also very large, and under Tan, it can be fully utilized. Apart from this, Intel is also rebuilding its process technology roadmap, in which Tan’s input will be very important.
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Lip-Bu Tan’s Education and Experience
Tan’s education and experience are also very inspiring. He completed his Bachelor of Science from Nanyang Technological University, Singapore, Master of Science in nuclear engineering from Massachusetts Institute of Technology, and MBA from University of San Francisco. His career is not just limited to technology; he is also on the boards of big companies like Credo Technology Group and Schneider Electric.
In 2022, he also received the Semiconductor Industry Association’s highest honor, the Robert N. Noyce Award. This award was given for his contributions in the field of semiconductors.
Intel’s Future: What are the Expectations?
With Lip-Bu Tan joining Intel, expectations have also increased. Intel is now working on regaining its product leadership and making its manufacturing capabilities stronger. Tan’s customer-centric approach and deep knowledge of technology can set a new direction for Intel.
Intel investors are also very hopeful about Tan’s arrival. This can also be seen on Intel’s shares and performance. Intel board interim executive chair Yeary also said, “We are excited that Lip-Bu will help take Intel to a new level.”
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Conclusion
So friends, a new era has begun in Intel with the arrival of Lip-Bu Tan. He is an experienced leader who gives priority to customers and believes in technology and innovation. Intel’s future is going to be even more exciting. It remains to be seen where Tan’s leadership takes Intel!
This was a small story of Lip-Bu Tan and the beginning of their Intel journey. If you are interested in technology and semiconductors, then keep an eye on Intel’s new projects and innovations. Intel has now embarked on a new journey, and we will wait to see what new Tan’s leadership brings!
