Intel at the Pivotal Point Check: Lip-Bu Tan Takes Over - Realignment of the Chip Giant for the Turnaround!

The struggling chip giant has found a new leader in industry veteran Lip-Bu Tan. Intel is under pressure after billions in investments for the foundry setup. The new CEO aims to achieve a turnaround through realignment. The struggling chip giant Intel has found a new leader. Lip-Bu Tan is set to take over on March 18, as the company announced on March 12, 2025. Until last August, the industry veteran was a member of Intel's board of directors but stepped back. According to media reports, there were disagreements with then-CEO Pat Gelsinger,...