Lip-Bu Tan, a former Intel board member who takes over Tuesday, will be focused on streamlining Intel’s manufacturing process to churn out more AI chips for clients like Nvidia, sources with ...

The company announced Wednesday that it has named longtime tech investor and semiconductor industry executive Lip-Bu Tan as chief executive, after former CEO Pat Gelsinger resigned in December.

The semiconductor pioneer appointed Lip-Bu Tan, a well-known tech investor and executive, as its new leader. By Tripp Mickle and Don Clark Tripp Mickle and Don Clark reported from Silicon Valley.

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.

Intel CEO Lip-Bu Tan has announced sweeping restructuring measures including layoffs, management cuts, and an expanded return-to-office mandate as the struggling chipmaker attempts to regain its ...