Intel appointed Lip-Bu Tan as its new CEO, aiming to stabilize the company after a turbulent period under Pat Gelsinger.
Category
🗞
NewsTranscript
00:00Intel has appointed Lint Bhutan as its new CEO, aiming to stabilize the company after a turbulent period under Pat Gelsinger.
00:09Tan, the former CEO of Cadence Design Systems, was an Intel board member until last year.
00:15The move comes as Intel faces pressure to cut costs and improve performance in the AI market.