Intel CEO set to meet President Trump following tirade of attacks and 'immediate resignation' demands

Date:
Mon, 11 Aug 2025 13:32:00 +0000

Description:
Trump has accused Intel CEO Tan of having major 'conflicts of interest,' but fails to see the hypocrisy.

FULL STORY

Intel CEO Lip-Bu Tan is set to meet with President Trump to discuss the former's professional and personal history, and explore ways in which the US government and Intel can work together, sources have told the Wall Street Journal .

Tan has recently faced a series of attacks from President Trump, who has demanded his resignation over alleged investments and dealing with Chinese businesses.

Trump has accused Tan of being highly conflicted and demanded his immediate resignation, stating that there is no other solution to this problem.

Rocky history

Intel has been steadily trimming its global workforce in recent months , leading to a 20% reduction in headcount that has seen thousands of employees lose their jobs in US factories.

Tan has also recently butted heads with Intel board members over the
direction of Intels investments in the US.

For example, the new CEO has reduced the pace of construction of a new
factory in Ohio in order to meet perceived customer demands, causing issues with Republican Ohio senator Bernie Moreno.

Both the job cuts and slowed construction directly contradict President
Trumps desire to increase domestic investment from companies that have typically manufactured goods outside of the US.

Whats more, Tans previous position as CEO of Cadence Design Systems appears
to have ruffled a few feathers in the Trump administration due to the company recently handing over $140 million in penalties after pleading guilty to unlawfully exporting chip design tools to restricted Chinese military organizations.

Tan himself also holds numerous investments in Chinese businesses, including buying $200 million worth of stakes in Chinese manufacturing and chip
companies between 2012 and 2024 according to a Reuters report .

However, Tan has not only been on the board of numerous enterprises involved
in chip manufacturing, but founded a venture capital firm named Walden International that focused heavily on tech startups in the Asian market.

Tans holdings in Chinese companies could therefore simply be a smart
investment based on decades of experience, rather than the shady under-the-table dealings Trump has alleged in his Red Scare tirades on Truth Social.

Trump appears to be deaf to his own accusations of Tans conflicts of
interest, with the President frequently using his position to market his own goods from the Trump Store, as well as launching the $TRUMP cryptocurrency of which the President controls 80% of the coin's supply.

In a recent letter to employees, Tan said the US had been his home for more than 40 years , and the company was communicating with the White House to
make sure the President has the facts.

Trump has recently levied significant tariffs on countries that he perceives
to have an unfair trade balance, causing the price of some goods to increase
as the cost of imports are passed on to the consumer - a fact that many
within the Trump administration and his MAGA base are struggling to come to terms with.

Trumps pursuit of an America First policy has drawn significant investment
from many major companies, including Nvidia, Intel, and Apple, to build factories in the US to produce goods domestically. However there is a reason that these companies have historically manufactured their goods outside of
the US. Its cheaper.

Recent studies into the costs of a US manufactured iPhone for example have theorized that the price tag could rise by between 25-100%.

In an added contradiction, Trumps own branded handsets from Trump Mobile
likely wont be manufactured in the US, with Eric Trump claiming that eventually, all the phones can be built in the United States of America.

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Link to news story: https://www.techradar.com/pro/intel-ceo-set-to-meet-president-trump-following- tirade-of-attacks-and-immediate-resignation-demands

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