Trump Meets Intel CEO Tan After Calling for Resignation
Trump Meets Intel CEO Tan After Calling for Resignation

Trump Meets Intel CEO Tan After Calling for Resignation

News summary

US President Donald Trump held a meeting with Intel CEO Lip-Bu Tan just days after publicly demanding Tan's immediate resignation over alleged conflicts of interest linked to Chinese investments. During the meeting, Trump described Tan's career as an "amazing story" and announced that members of his cabinet would work closely with Tan to develop suggestions for advancing US technology and manufacturing leadership. Intel characterized the discussion as candid and constructive, emphasizing their commitment to restoring the company and collaborating with the Trump administration. The initial call for Tan's resignation stemmed from concerns raised by Republican Senator Tom Cotton regarding Tan’s past roles and ties to Chinese firms, which Tan has denied, labeling the allegations as misinformation. Tan, who took over Intel earlier in the year amid company struggles, has since overseen significant cost-cutting and strategic shifts. The shift in tone from the President reflects a more collaborative approach as the US intensifies its focus on semiconductor competitiveness amid geopolitical tensions with China.

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Last Updated
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