Subj : Trump U-turns on Intel CE
To : All
From : Mike Powell
Date : Tue Aug 12 2025 09:10 am
Trump U-turns on Intel CEO once again following White House visit - what next
for Lip-Bu Tan?
Date:
Tue, 12 Aug 2025 12:02:00 +0000
Description:
President Trump is now praising Intel CEO Lip Bu-Tan, despite previous calls
for his resignation.
FULL STORY
Embattled Intel CEO Lip Bu-Tan has paid a visit to the White House for a
meeting with President Trump which the latter has described as very
interesting.
This comes just days after the President demanded Tan resign from his
position of CEO at Intel , calling him highly conflicted - going as far as to
say there is no other solution to this problem.
However following the meeting, Trump praised Tan for his success and amazing
rise to the top, using his social media site Truth Social to confirm cabinet
members will now also meet with Tan to continue discussions.
Strong leadership
The details of the meeting havent been released, but Intel did release a
statement thanking the President for a candid and constructive discussion on
Intels commitment to strengthening U.S. technology and manufacturing
leadership.
We appreciate the Presidents strong leadership to advance these critical
priorities and look forward to working closely with him and his
Administration as we restore this great American company the statement
confirmed.
The meeting followed a letter written to the Intel board of directors from
Republican Senator Tom Cotton, in which he raises concerns over Tans alleged
ties to China through his role as CEO of Cadance Design Systems, a firm which
recently plead guilty to illegally selling export-controlled tech to
organisations with connections to the Chinese military.
The recent turbulence between Intel and the US Government most likely stems
from the Presidents ambitions to build a domestic manufacturing industry to
rival Chinese tech imports, with Intel perhaps the only US company positioned
to take a leading role in semiconductor production.
Intel seems to be moving away from US manufacturing though, with the
organisation making significant reductions to its workforce - terminating
between 15-20% of its factory workers amongst the 25,000 Intel positions
affected by the redundancies.
Former Intel CEO Craig Barett called for a customer-cash injection of around
$40 billion to soothe financial difficulties and ensure a semiconductor
source within the US, especially given geo-political tensions and the very
low likelihood of TSMC or Samsung bringing manufacturing to the states.
======================================================================
Link to news story:
https://www.techradar.com/pro/trump-u-turns-once-again-after-intel-ceo-white-h
ouse-visit
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