Intel's new CEO Lip-Bu Tan has a history as a successful underdog

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Intel's new CEO Lip-Bu Tan has a history as a successful underdog - Business Standard

Quick Summary:

Tan from 2009 to 2021 was CEO of Cadence Design Systems, a chip design software firm whose fortunes he revived.

Both as an investor and CEO, Tan was early to recognize a major trend that has swept the chip industry over the past 30 years - that designing chips and manufacturing them would split into two different specialties.

For example, he took a stake in Annapurna Labs, a startup later purchased by Amazon.com for $370 million that has become the heart of its in-house chip division.