$Intel(INTC)$ ceo put25 mil in shares for 5 years b4 market crash.... think about that for a second... However, Lip-Bu Tan’s appointment as the CEO of Intel, effective March 18, has been well-received by Wall Street. Intel’s shares gained more than 10% in the extended trading session, following the appointment as investors remained optimistic about Tan’s capability to restore stability at Intel and return the company to its past glory as a chip leader. This is because Lip-Bu Tan’s stint in the semiconductor industry has been fruitful. When he played the role of the CEO of Cadence Design Systems from 2008 to 2021, he helped the company increase its operating margins, doubled its revenues, and boosted the stock price by almost 2,700%.
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