CIOInsider India Magazine

The global technology industry is undergoing a major transformation, and Intel Corporation, once the undisputed leader in semiconductor manufacturing, is facing tough competition in the AI-driven era. Rivals like AMD and NVIDIA have rapidly gained ground, prompting Intel to make a leadership change. The company has appointed

Lip-Bu Tan, a seasoned semiconductor executive, as its new CEO, with his tenure beginning in mid-March 2025. With a strong background as the former head of Cadence Design Systems and an existing role on Intel’s board, Lip-Bu steps into a challenging position—tasked with steering the company through market share declines and large-scale layoffs, including the recent cut of 15,000 jobs. Despite Intel’s legacy of dominance, its market value has taken a significant hit, with stock prices dropping more than 54 percent over the past year. His leadership will be crucial in reshaping Intel’s future in an increasingly competitive industry.

Following a period of disappointing financial results and stalled innovation in AI chip development, Pat Gelsinger stepped down as CEO of Intel, making way for Lip-Bu Tan. With Intel struggling to keep pace with industry leaders like Nvidia and AMD, Lip-Bu’s leadership marks a pivotal moment in the company’s journey to regain its competitive edge. His appointment has already sparked optimism, with Intel’s stock surging by over 10 percent — a clear indication of renewed investor confidence in the company’s future. Analysts believe that Lip-Bu’s proven track record in customer-driven innovation, exemplified during his time at Cadence, could be key to Intel’s turnaround. Meanwhile, this special edition of CIO Insider sheds more light on the technology world. Let us know what you think!