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   Intel CEO set to meet President Trump following tirade of attacks and   
   'immediate resignation' demands   
      
   Date:   
   Mon, 11 Aug 2025 13:32:00 +0000   
      
   Description:   
   Trump has accused Intel CEO Tan of having major 'conflicts of interest,' but   
   fails to see the hypocrisy.   
      
   FULL STORY   
      
   Intel CEO Lip-Bu Tan is set to meet with President Trump to discuss the   
   former's professional and personal history, and explore ways in which the US   
   government and Intel can work together, sources have told the Wall Street   
   Journal .    
      
   Tan has recently faced a series of attacks from President Trump, who has   
   demanded his resignation over alleged investments and dealing with Chinese   
   businesses.    
      
   Trump has accused Tan of being highly conflicted and demanded his immediate   
   resignation, stating that there is no other solution to this problem.   
      
   Rocky history   
      
   Intel has been steadily trimming its global workforce in recent months ,   
   leading to a 20% reduction in headcount that has seen thousands of employees   
   lose their jobs in US factories.   
      
   Tan has also recently butted heads with Intel board members over the    
   direction of Intels investments in the US.    
      
   For example, the new CEO has reduced the pace of construction of a new    
   factory in Ohio in order to meet perceived customer demands, causing issues   
   with Republican Ohio senator Bernie Moreno.    
      
   Both the job cuts and slowed construction directly contradict President    
   Trumps desire to increase domestic investment from companies that have   
   typically manufactured goods outside of the US.    
      
   Whats more, Tans previous position as CEO of Cadence Design Systems appears    
   to have ruffled a few feathers in the Trump administration due to the company   
   recently handing over $140 million in penalties after pleading guilty to   
   unlawfully exporting chip design tools to restricted Chinese military   
   organizations.    
      
   Tan himself also holds numerous investments in Chinese businesses, including   
   buying $200 million worth of stakes in Chinese manufacturing and chip   
   companies between 2012 and 2024 according to a Reuters report .    
      
   However, Tan has not only been on the board of numerous enterprises involved   
   in chip manufacturing, but founded a venture capital firm named Walden   
   International that focused heavily on tech startups in the Asian market.    
      
   Tans holdings in Chinese companies could therefore simply be a smart   
   investment based on decades of experience, rather than the shady   
   under-the-table dealings Trump has alleged in his Red Scare tirades on Truth   
   Social.    
      
   Trump appears to be deaf to his own accusations of Tans conflicts of    
   interest, with the President frequently using his position to market his own   
   goods from the Trump Store, as well as launching the $TRUMP cryptocurrency of   
   which the President controls 80% of the coin's supply.   
      
   In a recent letter to employees, Tan said the US had been his home for more   
   than 40 years , and the company was communicating with the White House to    
   make sure the President has the facts.    
      
   Trump has recently levied significant tariffs on countries that he perceives   
   to have an unfair trade balance, causing the price of some goods to increase   
   as the cost of imports are passed on to the consumer - a fact that many    
   within the Trump administration and his MAGA base are struggling to come to   
   terms with.    
      
   Trumps pursuit of an America First policy has drawn significant investment   
   from many major companies, including Nvidia, Intel, and Apple, to build   
   factories in the US to produce goods domestically. However there is a reason   
   that these companies have historically manufactured their goods outside of    
   the US. Its cheaper.    
      
   Recent studies into the costs of a US manufactured iPhone for example have   
   theorized that the price tag could rise by between 25-100%.    
      
   In an added contradiction, Trumps own branded handsets from Trump Mobile   
   likely wont be manufactured in the US, with Eric Trump claiming that   
   eventually, all the phones can be built in the United States of America.   
      
   ======================================================================   
   Link to news story:   
   https://www.techradar.com/pro/intel-ceo-set-to-meet-president-trump-following-   
   tirade-of-attacks-and-immediate-resignation-demands   
      
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