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Intel CEO Lip-Bu Tan has a long track record in the chip industry. Now he needs a big customer

Published on: 2025-06-16 00:00:01

In this article INTC Follow your favorite stocks CREATE FREE ACCOUNT Intel's CEO Lip-Bu Tan speaks at the company's Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters When Lip-Bu Tan was named CEO of Intel a little over two months ago, he brought with him plenty of name recognition. Tan spent 12 years running Cadence Design Systems and before that was a prominent venture capitalist. He's also held board seats at SoftBank and Hewlett Packard Enterprise. "Lip-Bu's Rolodex is like nobody else's in the semiconductor industry," Intel CFO David Zinsner said at a financial conference this month. Zinsner said Tan recently met with 22 potential customers and partners in a single day. At age 65, Tan is going to need more than a vast database of contacts and four decades of operating and investing experience to turn around the company that put the silicon in Silicon Valley but is struggling to stay relevant in a market that's incre ... Read full article.