President Trump has met with the CEO of Intel, whose connections with firms connected with the Chinese Communist Party and People’s Liberation Army have been the subject of concerns raised by U.S. Senator Tom Cotton (ABC News, August 12, 2025).
Several days ago, Trump called for the resignation of Lip-Bu Tan, who got the job of CEO of Intel in March. Now the president has decided that Lip-Bu Tan isn’t such a bad guy after all.
Less than a week after demanding his resignation, President Donald Trump is now calling the career of Intel’s CEO an “amazing story.”
Shares of Intel, which slid last week after CEO Lip-Bu Tan came under fire from the U.S. president, bounced higher before the opening bell Tuesday.
The attack from Trump came after Sen. Tom Cotton sent a letter to Intel Chairman Frank Yeary expressing concern over Tan’s investments and ties to semiconductor firms that are reportedly linked to the Chinese Communist Party and the People’s Liberation Army. Cotton asked Intel if Tan had divested from the companies to eliminate any potential conflict of interest.
Trump said on the Truth Social platform Thursday that, “The CEO of Intel is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!”
“Mr. Tan and my Cabinet members are going to spend time together, and bring suggestions to me during the next week,” Trump has now said on Truth Social.
None of the concerns raised by Senator Cotton’s open letter have been answered. Tan says that in his previous jobs, he had “always operated within the highest legal and ethical standards.” That he imagines having done so is irrelevant if the companies he was working for were working in turn for the Chinese Communist Party and the People’s Liberation Army.
Also see:
StoptheCCP.org: Trump Wants CCP-Connected, PLA-Connected Intel CEO Lip-Bu Tan to Resign
U.S. Senate: Letter to Frank Yeary, chairman of the board of Intel
