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Intel appoints Lip-Bu Tan as its next CEO
Intel has appointed Lip-Bu Tan, a respected figure in the semiconductor industry, as CEO.
Tan, a Malaysia-born longtime tech investor, formerly served as CEO of Cadence Design Systems. Tan is exceptionally well-connected in the tech industry, directing the boards of Hewlett Packard Enterprise, Schneider Electric, and Softbank. After Intel announced Tan’s appointment, the company’s stock jumped around 11% in after-hours trading.
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