LipBu

TECH

CEO Lip-Bu Tan flattens Intel’s leadership team, with important semiconductor groups reporting directly to him, and names Sachin Katti as CTO and AI chief (Stephen Nellis/Reuters)

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TECH

Intel CEO Lip-Bu Tan and his VC firms invested in 600+ Chinese tech companies including 8+ with military ties; a source says he divested the positions (Reuters)

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TECH

Intel’s new CEO Lip-Bu Tan says he will stick with the costly foundry plan, which led to Pat Gelsinger’s ouster, to make Intel “a world-class products company” (Ian King/Bloomberg)

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BUSINESS

Intel appoints Lip-Bu Tan as CEO, stock jumps 11%

Intel (INTC) announced it’s appointing Lip-Bu Tan as its new CEO. The chip industry veteran, who previously helmed Cadence Design…

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