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Lip-Bu Tan

CEO of Intel (born 1959) From Wikipedia, the free encyclopedia

Lip-Bu Tan
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Lip-Bu Tan (Chinese: 陳立武; pinyin: Chén Lìwǔ; Pe̍h-ōe-jī: Tân Li̍p-Bú; born November 12, 1959) is a Malaysian-born American business executive who has been chief executive officer (CEO) of Intel since 2025. He is also chairman of Walden International, a venture capital firm; a founding managing partner of Walden Catalyst Ventures and Celesta Capital; and holds numerous board positions. Tan served as CEO of Cadence Design Systems from 2009 to 2021.

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Early life

Tan was born November 12, 1959, in Muar, Johor, in the previous Federation of Malaya (now Malaysia) to an ethnic Chinese family in Malaysia.[3][4] His father, Keng Lian Tan, was the chief editor of the Malaysian Chinese-language daily newspaper Nanyang Siang Pau and his mother, Yeok Choong Chew, was a university warden at Nanyang University. He is the youngest of five siblings.

Tan graduated from Nanyang University with a bachelor's degree in physics in 1978.[5] After graduation, Tan moved to the United States and earned a master's degree in nuclear engineering from the Massachusetts Institute of Technology (MIT) in 1981[3] and a Master of Business Administration (MBA) from the University of San Francisco in California.[3][6][7]

More recently, he received honorary degrees from the University of San Francisco in 2022[8][9] and Carnegie Mellon University of Pittsburgh in 2025.

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Career

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Walden International

Tan was a manager at EDS Nuclear and ECHO Energy and partner at the Walden USA investment fund before founding venture capital (VC) firm[10] Walden International in 1987.[11][7][12] He named the firm after the book Walden by Henry David Thoreau because Tan's goal was to be like Thoreau: "Contrarian, rather than just following the trend."[6]

The company grew from $3 million upon its founding to $5 billion by 2001 by focusing its investments in Asian tech startups. In 2001, Forbes dubbed Tan "the pioneer of Asian VC."[4][13] Tan has focused on global technology investments primarily in semiconductors, artificial intelligence (AI), and software. He has helped to create more than 300 American companies, approximately 50,000 American jobs, and $400 billion in American market capitalization.[14] He worked with 40 American companies through the initial public offering (IPO) on the U.S. stock exchanges (Nasdaq/NYSE). Additionally, Tan assisted 66 companies with a mergers & acquisitions exit.

Cadence Design Systems

In February 2004, the Cadence Design Systems board of directors elected Tan to the board.[15] Tan became interim co-CEO of Cadence in October 2008. The Cadence board formally named Tan president and CEO effective January 2009.[16] Under Tan's leadership, Cadence revenue doubled and generated approximately 4,000% return for shareholders.[17] Tan recruited and trained his successor and stepped down as CEO and became executive chairman in 2021.[18] He later stepped down from the office of chairman of Cadence in 2023.[19]

Intel

In March 2025, Tan was named CEO of Intel, effective from March 18, 2025.[20][21] Tan had been on Intel's board of directors from 2022 to 2024.[22][23]

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Board memberships

Academic boards

Tan is currently on the board of UC Berkeley College of Engineering.[24] He also is on the board of trustees of Carnegie Mellon University School of Engineering[25] of which he is a member of the Dean's Advocacy Council, and established the Tan Endowed Graduate Fellowship for the Department of Electrical and Computer Engineering.[26]

Tan is also a trustee at the Fuller Theological Seminary, where he was a founding member of the Insight Council, and received the Imec 2023 Lifetime of Innovation Award[27] for his contributions to the chip industry and the entrepreneurship in the tech industry.

Company boards

Tan is on the boards of Intel,[28] Schneider Electric, and Credo Technology Group. He was on the boards of Hewlett Packard Enterprise, Softbank Capital,[29] Ambarella, Flextronics International, Inphi Corporation, Mindtree, Semiconductor Manufacturing International Corporation, and the United Overseas Bank.[30]

Tan is a member of The Business Council.[31][32] He is also a member of the Committee of 100.[4][30]

Philanthropy

In November 2019, Tan and Cadence Design Systems endowed two computer science professorships for $3 million each at Carnegie Mellon University in Pittsburgh, Pennsylvania, United States.[33] In June 2024, Tan pledged a gift of S$3 million[34] to Nanyang Technology University (NTU) to set up a new professorship in artificial intelligence (AI), to attract talent and support the advancement of research and education at NTU's College of Computing and Data Science.

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Recognition

In 2017, the analytics firm Relationship Science named Tan to the Most Connected Executives in the Technology Industry list with a perfect "power score" of 100.[35]

In August 2022, Tan received the Robert N. Noyce Award from the Semiconductor Industry Association (SIA), the industry's highest honor.[36]

Tan was honored with the 2025 Phil Kaufman Award for his leadership and impact on the Electronic System Design (ESD) industry.[37]

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Personal life

Tan is an American citizen[38] and lives in Piedmont, California, with his wife Ysa Loo. They have two grown children. A Christian, he adheres to Presbyterianism.[3] Tan has been an elder at the First Presbyterian Church of Berkeley since the 1990s.[39]

References

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