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Lip-Bu Tan
Lip-Bu Tan (Chinese: 陳立武; pinyin: Chén Lìwǔ; Pe̍h-ōe-jī: Tân Li̍p-Bú; born November 12, 1959) is an 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 was CEO of Cadence Design Systems from 2009 to 2021.
Tan was born November 12, 1959, in Muar, Johor, Federation of Malaya (modern-day Malaysia), to an ethnic Malayan Chinese family. 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 received a Bachelor of Science degree in physics from Nanyang University in 1978, a Master of Science degree in nuclear engineering from the Massachusetts Institute of Technology in 1980, and a Master of Business Administration degree from the University of San Francisco in 1983.
He received an honorary Doctor of Humane Letters degree from the University of San Francisco in 2022 and an honorary Doctor of Science and Technology degree from Carnegie Mellon University in Pittsburgh in 2025.
Tan was a manager at EDS Nuclear and ECHO Energy and partner at the Walden USA investment fund before founding venture capital (VC) firm Walden International in 1987. 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."
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." 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. 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.
In February 2004, the Cadence Design Systems board of directors elected Tan to the board. Tan became interim co-CEO of Cadence in October 2008. The Cadence board formally named Tan president and CEO effective January 2009. Under Tan's leadership, Cadence revenue doubled and generated approximately 4,000% return for shareholders. Tan recruited and trained his successor and stepped down as CEO and became executive chairman in 2021. He later stepped down from the office of chairman of Cadence in 2023.
In March 2025, Tan was named CEO of Intel, effective from March 18, 2025. Tan had been on Intel's board of directors from 2022 to 2024.
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Lip-Bu Tan
Lip-Bu Tan (Chinese: 陳立武; pinyin: Chén Lìwǔ; Pe̍h-ōe-jī: Tân Li̍p-Bú; born November 12, 1959) is an 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 was CEO of Cadence Design Systems from 2009 to 2021.
Tan was born November 12, 1959, in Muar, Johor, Federation of Malaya (modern-day Malaysia), to an ethnic Malayan Chinese family. 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 received a Bachelor of Science degree in physics from Nanyang University in 1978, a Master of Science degree in nuclear engineering from the Massachusetts Institute of Technology in 1980, and a Master of Business Administration degree from the University of San Francisco in 1983.
He received an honorary Doctor of Humane Letters degree from the University of San Francisco in 2022 and an honorary Doctor of Science and Technology degree from Carnegie Mellon University in Pittsburgh in 2025.
Tan was a manager at EDS Nuclear and ECHO Energy and partner at the Walden USA investment fund before founding venture capital (VC) firm Walden International in 1987. 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."
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." 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. 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.
In February 2004, the Cadence Design Systems board of directors elected Tan to the board. Tan became interim co-CEO of Cadence in October 2008. The Cadence board formally named Tan president and CEO effective January 2009. Under Tan's leadership, Cadence revenue doubled and generated approximately 4,000% return for shareholders. Tan recruited and trained his successor and stepped down as CEO and became executive chairman in 2021. He later stepped down from the office of chairman of Cadence in 2023.
In March 2025, Tan was named CEO of Intel, effective from March 18, 2025. Tan had been on Intel's board of directors from 2022 to 2024.