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   Trump U-turns on Intel CEO once again following White House visit - what next   
   for Lip-Bu Tan?   
      
   Date:   
   Tue, 12 Aug 2025 12:02:00 +0000   
      
   Description:   
   President Trump is now praising Intel CEO Lip Bu-Tan, despite previous calls   
   for his resignation.   
      
   FULL STORY   
      
   Embattled Intel CEO Lip Bu-Tan has paid a visit to the White House for a   
   meeting with President Trump which the latter has described as very   
   interesting.    
      
   This comes just days after the President demanded Tan resign from his    
   position of CEO at Intel , calling him highly conflicted - going as far as to   
   say there is no other solution to this problem.    
      
   However following the meeting, Trump praised Tan for his success and amazing   
   rise to the top, using his social media site Truth Social to confirm cabinet   
   members will now also meet with Tan to continue discussions.   
      
   Strong leadership   
      
   The details of the meeting havent been released, but Intel did release a   
   statement thanking the President for a candid and constructive discussion on   
   Intels commitment to strengthening U.S. technology and manufacturing   
   leadership.    
      
   We appreciate the Presidents strong leadership to advance these critical   
   priorities and look forward to working closely with him and his    
   Administration as we restore this great American company the statement   
   confirmed.    
      
   The meeting followed a letter written to the Intel board of directors from   
   Republican Senator Tom Cotton, in which he raises concerns over Tans alleged   
   ties to China through his role as CEO of Cadance Design Systems, a firm which   
   recently plead guilty to illegally selling export-controlled tech to   
   organisations with connections to the Chinese military.    
      
   The recent turbulence between Intel and the US Government most likely stems   
   from the Presidents ambitions to build a domestic manufacturing industry to   
   rival Chinese tech imports, with Intel perhaps the only US company positioned   
   to take a leading role in semiconductor production.    
      
   Intel seems to be moving away from US manufacturing though, with the   
   organisation making significant reductions to its workforce - terminating   
   between 15-20% of its factory workers amongst the 25,000 Intel positions   
   affected by the redundancies.    
      
   Former Intel CEO Craig Barett called for a customer-cash injection of around   
   $40 billion to soothe financial difficulties and ensure a semiconductor    
   source within the US, especially given geo-political tensions and the very    
   low likelihood of TSMC or Samsung bringing manufacturing to the states.   
      
   ======================================================================   
   Link to news story:   
   https://www.techradar.com/pro/trump-u-turns-once-again-after-intel-ceo-white-h   
   ouse-visit   
      
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