Lip-Bu Tan has joined the PsiQuantum board of directors, bringing decades of experience building and scaling the foundational technologies that underpin modern computing.
Tan, who became Intel Corp. CEO in 2025, led Cadence Design Systems, where he transformed the company into a global leader in electronic design automation. He has spent his career as an executive, investor and board member across the semiconductor industry.
“I’ve known the PsiQuantum team for many years as an investor and have followed their progress closely as they’ve built one of the most compelling and differentiated approaches in quantum computing,” Tan said. “The technology they’ve developed is exceptional, and their focus on fault-tolerant systems that can be manufactured at scale using the semiconductor industry sets them apart. I’m excited to join the board and support the team as they work to bring this technology to the world.”
His appointment follows Victor Peng’s selection as interim CEO and co-founder Jeremy O’Brien’s transition to executive chairman. Peng served as president of AMD and CEO of Xilinx, where he led the company’s move into adaptive computing and through its acquisition by AMD.
“Lip-Bu has an exceptional track record of leading and guiding technology companies from start-ups to large public companies,” said Victor Peng, Interim Chief Executive Officer of PsiQuantum. “As we advance our technology and begin deployment of utility-scale, fault tolerant quantum computers, his insights on high performance computing, advanced manufacturing, ecosystems, and customer adoption will be invaluable.”
Tan chairs Walden International and is a founding managing partner of Walden Catalyst Ventures and Celesta Capital.