Form 8-K · Current Report · Filed 2024-08-22
Intel Board Member Lip-Bu Tan Resigns
On August 19, 2024, Lip-Bu Tan announced his resignation from Intel Corporation's board, effective immediately.
- Filer
- Intel Corporation INTC · NASDAQ
- Filed
- Accession
- 0000050863-24-000134
- CIK
- 0000050863
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Details
Tan cited personal commitments as the reason for his departure. The board expressed gratitude for his contributions during his tenure.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
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$21.41
Next session
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Since filing
+321.3%
Latest close
$90.20
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Precedent
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About Intel Corporation
Intel Corporation is a multinational corporation and technology company known for its semiconductor products. As a leader in the global semiconductor industry, Intel primarily focuses on designing and manufacturing products like microprocessors, integrated graphics, and other computing components. These semiconductors are vital for the functioning of computers, laptops, and various consumer electronic devices. Intel's products play a crucial role in fields such as data centers, computing solutions, Internet of Things (IoT), and more. The company’s innovations in semiconductor design have significant implications for technology advancement, impacting industries ranging from personal computing to automotive technology. Founded in 1968 and headquartered in Santa Clara, California, Intel Corporation has been a pivotal player in pioneering advances in technology infrastructure worldwide, continuously pushing the boundaries of processing power and efficiency to support consumer electronics and enterprise technology needs.
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