Summary by Moomoo AI
On August 19, 2024, Intel Corporation reported the immediate resignation of Lip-Bu Tan from its board of directors. The announcement, made through a Form 8-K filing with the United States Securities and Exchange Commission, cited the demands on Mr. Tan's time as the reason for his departure. Mr. Tan expressed gratitude for his time on the board and affirmed his continued support for the company's work. Intel's board conveyed their appreciation for Mr. Tan's contributions during his tenure with the company.