Intel's New CEO Change Unlikely To Help Gain Traction Versus Taiwan Semi And Nvidia: Analysts

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Intel's New CEO Change Unlikely To Help Gain Traction Versus Taiwan Semi And Nvidia: Analysts - Benzinga

Quick Summary:

Tan was an Intel director from September 2022 to August 2024, and his departure marked his clash with Gelsinger on Intel’s turnaround plan.

The struggling American chipmaker expelled CEO Pat Gelsinger on Monday after he failed to impress the board with his turnaround efforts since taking charge less than four years ago.

The list of potential candidates has now been whittled down to a few prominent figures, including former board member Lip-Bu Tan, Reuters cites familiar sources.