PsiQuantum has appointed Lip-Bu Tan, Chief Executive Officer of Intel Corporation, to its Board of Directors, marking a strategic addition as the company advances toward large-scale, fault-tolerant quantum computing.
Tan brings decades of leadership experience across the semiconductor and computing ecosystem. Prior to taking the helm at Intel in 2025, he served as CEO of Cadence Design Systems, where he played a pivotal role in transforming the company into a global leader in electronic design automation (EDA). Over the course of his career, Tan has also been an active investor and board member, contributing to the growth of multiple technology firms. He currently serves as Chairman of Walden International and is a founding managing partner of Walden Catalyst Ventures and Celesta Capital.
His appointment comes at a critical phase for PsiQuantum as it works to develop utility-scale quantum computers using silicon photonics technology. The company’s approach centers on leveraging established semiconductor manufacturing processes to enable scalability and fault tolerance—considered essential for practical quantum computing applications.
Commenting on the appointment, Tan noted his long-standing familiarity with PsiQuantum’s progress and highlighted the company’s differentiated strategy. He emphasized the importance of building quantum systems that can be manufactured at scale using semiconductor industry infrastructure, positioning the company uniquely within the emerging quantum landscape.
The board expansion follows recent leadership changes within PsiQuantum. Victor Peng, previously President at Advanced Micro Devices and CEO of Xilinx, has been appointed Interim Chief Executive Officer. Co-founder Jeremy O’Brien has transitioned to the role of Executive Chairman.
Peng stated that Tan’s expertise in high-performance computing, advanced manufacturing, and ecosystem development would support PsiQuantum’s transition from technology development to large-scale deployment. O’Brien added that Tan’s experience in scaling global technology platforms aligns closely with PsiQuantum’s long-term vision of building quantum systems through semiconductor industry collaboration.
PsiQuantum operates as a full-stack quantum computing company, focusing on silicon photonics as the foundation for scalable quantum systems. Its modular architecture is designed to enable incremental performance improvements while supporting large-scale deployment. The company is targeting fault tolerance as a core capability, enabling quantum systems to address complex problems in fields such as materials science, chemistry, and energy.
The company is currently progressing with major infrastructure projects across the United States, Australia, and the United Kingdom. These include the development of utility-scale quantum computing facilities in Chicago and Brisbane, undertaken in collaboration with government and industry partners.
