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The struggling chip maker Intel has hired a former board member and a semiconductor industry veteran lip Bo Tan.
Intel
The struggling chip maker Intel has hired a former board member and semiconductor industry veteran lip Boat, who has once after the CEO, as a CEO’s succession to try to turn to the dominant company, who has helped explain the Silicon Valley.
The 65 -year -old Tan will take over this difficult job next Tuesday, more than three months after former Intel’s CEO, Pete Glexinger, suddenly retired between a deep misery that created mass rid of and raised questions about the quiet -based quiet -made sense of a free company.
This will not be the first time for the tan when the semiconductor company is running, nor its first commitment to Intel. He spent more than a decade as the CEO of the Cadian Design System, which creates a software that helps to design processors, and joined the Intel’s Board of Directors in 2022 before taking the lowest steps last August. In addition to becoming a Tan CEO, the Intel’s board will be re -joined.
“Lipsboo is an extraordinary leader whose technology industry skills, products and founders have a deep relationship in the environmental system, and a proven track record of shares that Intel needs in its next CEO,” said Intel’s interim executive chairman Frank Yeri.
Intel is led by interim co -CEO, David Zezin and Michelle Johnston Hoflathos, since the prisoner went away from his job in February 2021.
Although Jelnagar reached Intel among high hopes, his era was an important task as Intel’s stock prices declined by 60 %, which eliminated $ 160 billion in shareholders’ wealth. Until his departure last year, Intel laid about 15 % of its manpower – its 17,500 employees and suspended its profit for saving money in the annual loss of $ 19 billion.
Recently, Intel delayed the inauguration of two new chip factories in Ohio to ensure that the projects were “financially responsible.
It was the latest sign of inconvenience for Intel, which is Santa Clara, California, the company that helped to launch a Silicon Valley by developing micro processors, which, at the moment, enabled the personal computer revolution led by its CEO, Andy Guru.
But when its leadership changed Intel, Intel lost the technical change in dynamic mobile computing from Apple’s iPhone 2007, and more than that, the quiet chip makers were left behind. Intel’s problems have been raised since the advent of artificial intelligence. This is a rise field where chips made by small competitors Envadia have become the most famous commodity in Tech.
Ann Vida now holds a $ 2.8 trillion market value compared to Intel’s $ 90 billion. Intel’s stock prices increased by more than 10 % in the extended trade on Wednesday after the announcement of tan services, which shows that investors believe they will revive the company’s luck.
While the tan was the CEO of the Cadian Design from January 2009 to May 2021, the company’s stock prices increased by 44 times.
As a result of Tan’s past achievements, he was named the winner of the 2022 Robert Noise Award of the Semicader Industry Association-the honor is named after one of Intel’s co-founders.
(This story has not been edited by News18 staff and it has been published by a Syndicated News Agency Fed – Associated Press)
