Intel's New Boss: Lip-Bu Tan Steps In
Lip-Bu Tan takes over as Intel’s CEO on March 18, picking up the pieces after Pat Gelsinger’s exit in December. Gelsinger got the boot after Intel’s rough 2024—$18.76 billion in losses, layoffs, and scrapped projects. Tan, who served on Intel’s board from 2022 to 2024, brings deep chip industry experience. Now, he’s got the tough job of turning things around.