Intelligence CEOHas Remarkable Tale, States Trump, Just Days Following Call for Resignation
In August 2025, Intel Corporation's CEO, Lip-Bu Tan, found himself at the centre of a political storm. The tech executive faced public scrutiny and calls for resignation due to past investments in Chinese tech companies with ties to the Chinese government.
The concerns were raised by U.S. government officials, who expressed apprehension about Tan's links to firms connected to the Chinese Communist Party (CCP) and the People’s Liberation Army (PLA). Senator Tom Cotton penned a letter to Intel, expressing his concerns and asking whether Tan had divested from these companies to eliminate any potential conflict of interest.
Tan, however, has publicly affirmed his loyalty to the U.S. He emphasised his adherence to the highest legal and ethical standards over his 40+ year career and stated that misinformation had circulated about his past investments. He also communicated directly with Intel employees and met with President Trump, who later publicly supported him despite initial calls for his resignation.
Regarding divestment, reports from August 2025 do not explicitly state that Tan has divested or completely severed ties from those specific Chinese firms. Instead, Tan and Intel have been focusing on reinforcing Intel’s U.S.-based operations and chip production. This includes ramping up advanced semiconductor fabrication in the U.S. and aligning investments strictly with confirmed customer commitments.
Intel has also engaged with the U.S. government, which gained a significant stake in the company as part of a strategic partnership to boost American semiconductor manufacturing. As a result, Intel's shares bounced higher before the opening bell on Tuesday, following a slide last week due to criticism from President Trump.
Despite initial demands for his resignation, President Trump later backed off his demand after a Monday meeting with Tan at the White House. Trump posted on the Truth Social platform that Tan is "highly CONFLICTED" but later called Tan's career an "amazing story."
In summary, while Tan's past investments in Chinese companies have raised national security concerns and political criticism, he has publicly denied wrongdoing and reaffirmed his commitment to the U.S. Intel and Tan have taken steps to align the company’s future investments and operations mainly within the U.S. semiconductor sector. However, there is no clear public information confirming full divestment of Tan’s personal stakes from China-linked companies as of August 2025.
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