Intel CEO Faces Pressure Over China Ties, Board Backs Him

Intel CEO Lip-Bu Tan is facing heightened scrutiny after President Donald Trump publicly called for his resignation, citing Tan's historic business ties to Chinese tech firms and national security concerns. Tan, who became CEO in March 2025, has reaffirmed his commitment to Intel and stated that he has the full support of the company's board. He has also reached out to the White House to address what he describes as misinformation about his background. Intel has underscored its continued investments in U.S. manufacturing and its alignment with national economic and security priorities, especially as a major recipient of CHIPS Act funding. The controversy has intensified governance questions for Intel amid major layoffs and ongoing efforts to regain market relevance. Industry analysts see the episode as reflecting both political tensions and deeper strategic challenges for the company.