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Intel’s new CEO, Lip-Bu Tan, takes charge on March 18, 2025, replacing interim leaders after a bruising year. Known for turning Cadence into a tech powerhouse, Tan’s transition as Intel CEO promises deep layoffs, beyond the 15,000 cuts of 2024, a cultural overhaul to reclaim agility, and a fierce push against rivals like Nvidia. With Intel stock rising 11% on the news, the semiconductor giant braces for a high-stakes reset. HR eyes the fallout as Tan’s foundry plan and cost-slashing vi
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ion unfold. A major shift is underway for one of America’s semiconductor titans. Intel has appointed Lip-Bu Tan as its