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Intel Appoints Chip Veteran Lip-Bu Tan As CEO
- Lip-Bu Tan, a chip industry veteran, has been appointed as the CEO of Intel.
- Tan had previously served on Intel's board and will rejoin the board as part of his appointment.
- Intel's former CEO Pat Gelsinger retired from the company after a contentious board meeting.
- Lip-Bu Tan brings deep semiconductor industry experience and a track record of creating shareholder value.
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