Intel has recently appointed veteran executive Lip-Bu Tan as its new CEO in a strategic move to regain its industry dominance. With a proven track record of doubling revenue at Cadence Design Systems, Tan is poised to take on the challenge of turning around Intel’s financial struggles and staying competitive against rivals such as Nvidia. His tenure as CEO is set to begin in 2025, and industry experts are watching closely to see how he will steer the tech giant back to success. With his wealth of experience and a history of driving growth in the semiconductor industry, Tan’s appointment signals a new chapter for Intel as it aims to reclaim its position as a leader in the market.