INTEL'S NEW CEO LIP-BU TAN HAS A HISTORY AS A SUCCESSFUL UNDERDOG

Lip-Bu Tan may be one of the most powerful technology executives you've never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his performance will be on full display.

Tan, named Intel CEO on Wednesday, faces an enormous challenge in turning around the operations of a company that put the "silicon" in Silicon Valley. His advantage is that virtually every one of Intel's former and potential customers knows him and has done business with him, either buying one of the many startups he backed or using software from a company he ran.

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