Intel names tech veteran Lip-Bu Tan as new CEO
Intel (INTC) has announced that Lip-Bu Tan will be the company's new CEO, effective March 18. Tan was formerly the CEO of Cadence Design Systems. He replaces interim Co-CEOs David Zinsner and Michelle Johnston Holthaus. In the video above, Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead weighs in on the move. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.