Intel director Lip-Bu Tan, a veteran of the semiconductor industry and former CEO of Cadence Design Systems, has resigned from the company's board less than two years after joining. Tan was brought in to assist with Intel's efforts to regain its competitive edge in the semiconductor market. His departure comes amid ongoing challenges faced by Intel, including disagreements over the company's revival plan, AI strategy, and workforce size. Sources indicate that Tan had differences with CEO Pat Gelsinger and other directors, which contributed to his decision to step down. The news of his resignation has had an impact on Intel's stock, which dropped 6% following the announcement.