Trump commends Intel's head for writing an exceptional narrative
In a surprising turn of events, Intel CEO Lip-Bu Tan met with President Donald Trump on August 11, 2025, at the White House. This meeting, which followed Trump's earlier demand for Tan's resignation, marked a significant change in the President's stance towards the Intel CEO.
Before the meeting, Trump had accused Tan of having conflicts of interest, specifically due to allegations that Intel was too close to China. However, following the meeting, Trump's tone shifted positively, acknowledging Tan's role and expressing intent to work closely with him and his administration to support Intel's resurgence.
During the meeting, the focus was on Intel’s commitment to advancing American technological and manufacturing priorities. The details of the proposals that Tan will present to the government next week remain undisclosed.
This transformation in Trump's stance—from demanding resignation to endorsing collaboration—indicates that the meeting was pivotal in reshaping the President’s perception of Lip-Bu Tan and Intel’s strategic direction in the U.S.
It is important to note that under Tan's leadership, Intel has faced challenges. The company once dominated the chip industry but fell behind, particularly in the smartphone market, where power-saving processors with architectures from chip developer Arm have prevailed. This shift in the market caused Intel to lose significant ground to competitors like Qualcomm or TSMC.
Furthermore, there have been reports suggesting that Tan controls "dozens" of companies in China, and that before his appointment as Intel CEO, he led the chip developer Cadence, which was involved in illegal sales of products to a military university in China and the transfer of technology to a Chinese company.
The meeting between Trump, Tan, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent took place on an unspecified date. Republican Senator Tom Cotton has demanded an answer from the Intel board of directors by mid-August regarding Tan's investments.
In the aftermath of the meeting, Intel's stock rose 2.3 percent in after-hours trading, indicating a positive market response to the news. As the situation unfolds, it will be interesting to see how this development impacts Intel's future in the tech industry.
[1] White House Press Release, August 11, 2025. [2] Reuters, August 8, 2025. [3] CNBC, August 12, 2025.
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