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Lip-Bu Tan Got High Praise From TSMC Founder Morris Chang For Saving Cadence From 'Pretty Big Trouble' — Will The Magic Work At The 'New' Intel

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Lip-Bu Tan Got High Praise From TSMC Founder Morris Chang For Saving Cadence From 'Pretty Big Trouble' — Will The Magic Work At The 'New' Intel - Benzinga

Quick Summary:

Lip-Bu Tan, once praised by Taiwan Semiconductor Manufacturing Co (NYSE:TSM) founder Morris Chang for rescuing Cadence Design Systems (NASDAQ:CDNS) from turmoil, is now stepping in to lead Intel Corp (NASDAQ:INTC) at a critical turning point for the American chip giant.

What Happened: Back in 2016, Bu Tan was honored with the prestigious Morris Chang Exemplary Leadership Award by the Global Semiconductor Alliance (GSA), recognizing his transformational leadership as CEO of Cadence Design Systems.

"In 2009, Cadence was in pretty big trouble," Chang said.

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Lip-Bu Tan Got High Praise From TSMC Founder Morris Chang For Saving Cadence From 'Pretty Big Trouble' — Will The Magic Work At The 'New' Intel - Benzinga (Picture 1)

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 11:10:18 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 570 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26947225

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 16 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 13 hours ago

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Publisher ID: #53

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