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The Intel Lip-Bu Tan CEO performs on the stage in Taipei, Taiwan on May 19, 2025.
Anne van | Reuters
President Donald Trump said on Monday that he and his office members met Intel CEO of Lip-Bu Tan, a few days after it called The manufacturers are resigned to the head. Intel’s shares have grown by 2% in advanced trade.
“I met with Mr. Lip Ba-tan, with Intel, together with the trading secretary, Howard Lutnik and the secretary of the Treasury Scota infant,” Trump wrote further The truth is social. “The meeting was very interesting. His success and lift is a strange story. Mr. Tan and members of my office are going to spend time together and bring me suggestions over the next week. Thank you for your attention to this issue!”
Intel did not immediately respond to a comment request.
Tan was the director of Intel since 2022, and in March he replaced Pat Helinger as CEO. Last week, Senator Tom Kotton, Rurke, asked Tana’s connection with China. Cotton brought up a past criminal case related to Cadence designWhere Tang was the CEO, and asked if Intel Tan was required to get rid of positions in construction manufacturers related to the Chinese Communist Party, the army of liberation and any other essence in China.
Trump’s last message notes bright Change in tone Since last week. In the truth of the social message on Thursday, the President wrote that Tan “is very controversial and should resign immediately. There is no other solution.”
Intel said in comment Later on the day when the company, directors and tan “deeply seek to promote the US national and economic interests”.
The Trump administration has taken a big hand in the business world, especially in the semiconductor market when the United States struggles with China for artificial intelligence. Over the weekend Nvidia She agreed to pay the Federal Government by 15% reduction in return for obtaining licenses for export control, which would allow him to sell H20 chip to China and Chinese companies again. On Friday, NVIDIA CEO Jensen Juan visited Trump at the White House.
President Trump said on Monday that initially asked NVIDI by 20% of the sales decline in China, but the number decreased to 15% after Jensen Juan CEO had agreed with him.
“I said,” Listen, I want 20%when I’m going to approve this for you, for the country, “” said Trump At a press conference in Washington, Colombia County
Tan, 65 years old Nvidia dominated, while it burned cash to create its false business for the production of chips.
The tan was born In Malaysia, he grew up in Singapore before moving to the US and obtain a master’s degree from the Massachusette Technology Institute. In late July, he said that his first few months of Intel CEO were difficult, with dismissal and cuts in the foundry division. Intel has canceled plans for production in Germany and Poland and slow down the development in Ohio, he said to the staff.
“Turn the company, take time and require patience,” Tan said at a conference with analysts in July. “We have a lot to fix to move the company forward.”
Intel shares increased by 3% this year on Monday. The S&P 500 increased by 8.4%.
– Fred Imbert CNBC contributed to this report.
