Tensions between the White House and one of America’s tech giants are escalating. Intel CEO Lip-Bu Tan is set to meet with President Donald Trump on Monday – just days after the president publicly and sharply demanded his immediate resignation.

Trump accused the 65-year-old executive of “serious conflicts of interest” over his extensive investment ties to Chinese technology and manufacturing companies, some of which are reportedly linked to China’s military sector.

At a rally in Michigan, the president stated that American tech firms must be led by “loyal Americans” who have “different interests” from rival powers. “This is a matter of national security,” he stressed to the crowd, adding that Tan’s business history “sent a warning signal to the entire U.S. chip industry.”

Wall Street Shaken, Intel Shares Drop

A direct public rebuke from a sitting president – aimed at the head of one of America’s most important companies – rattled the financial markets. Intel shares fell more than 3% within hours of Trump’s remarks. Analysts note that this is one of the most forceful examples of political pressure on a major U.S. tech company in recent years.

Once the undisputed leader in chip manufacturing, Intel now faces fierce competition from Taiwan’s TSMC and South Korea’s Samsung. These challenges come as the U.S. intensifies its high-tech rivalry with China, tightening export controls on cutting-edge semiconductors and AI chips.

Tan’s Journey: From Immigrant to Intel CEO

Lip-Bu Tan, a Chinese-American businessman born in Malaysia, took over as Intel’s CEO earlier this year. He brings decades of semiconductor industry experience – including 13 years at the helm of Cadence Design Systems – and served on Intel’s board before being appointed chief executive.

According to sources cited by The Wall Street Journal, Tan plans to use his meeting with Trump to defend his track record and personal integrity. He intends to share his life story, his journey from Asia to the United States, and his belief in strengthening America’s technological base.

Plans: Factories, Research, and Government Cooperation

Tan will outline Intel’s strategic role in the U.S. economy – from reopening domestic chip plants and reinforcing supply chains to investing in advanced research centers across the country.

Insiders say he also plans to propose new forms of collaboration with the government – ranging from workforce training initiatives to joint projects in cutting-edge artificial intelligence research.

In a recent public statement, Tan assured that he shares the president’s commitment to U.S. national and economic security, adding that Intel will remain “a trusted partner to the United States government.”

Under Fire for Chinese Investments

The pressure on Tan intensified after an April report by Reuters revealed he had invested more than $200 million in hundreds of Chinese companies producing advanced chips. Some of these firms were allegedly linked to China’s defense projects.

Further controversy stems from his tenure at Cadence Design Systems – in 2021, it was revealed that the company sold software to a Chinese military university believed to have used it for nuclear explosion simulations. Last month, Cadence agreed to plead guilty and pay $140 million to settle U.S. criminal charges over the sales. Tan was not personally charged, but critics say the episode raises questions about his oversight and decision-making.

Security Risks in the Chip Industry

Security analysts warn that semiconductors are not only the heart of consumer electronics but also the backbone of modern defense systems, satellites, and AI applications. “In this field, the U.S. cannot afford to ignore potential risks,” experts caution.


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