How will Intel's next CEO move his business forward ? New Delhi

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Published date: 07 Apr, 2025 10:26 AM
  • Location: New Delhi, Delhi, India
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How will Intel's next CEO move his business forward ?
How will Intel's next CEO move his business forward ?

Investors are placing bets on Lip-Bu Tan, the recently appointed CEO of Intel (INTC), to solve the company’s problems.

Although there is uncertainty on the speed at which Intel’s financial issues can be resolved, Wall Street analysts, as well as both current and former employees, generally concur on the actions Tan must take, short of a split. From reducing employment to boosting Intel’s fledgling foundry division, those actions cover anything.

Tan, a veteran of the semiconductor sector, was hired on March 12 for his new position. The following day, Intel’s stock increased by almost 15%, which was welcomed by investors. Tan’s background as the former CEO of Cadence Design Systems, a semiconductor design software business, and his service on the boards of about 14 semiconductor companies, including Intel, were praised by analysts.

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