💨 Abstract

Tech executive Lip-Bu Tan has been appointed as the new CEO of Intel, a struggling chipmaker with significant public and industry influence. Tan, who is well-connected in the industry, has a history of investing in and leading startups that later became successful. His past roles include CEO of Cadence Design Systems, a chip design software firm whose stock appreciated 3,200% under his leadership.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖