United States President Donald Trump demanded the immediate resignation of the new Intel CEO, Lip-BU Tan, calling him “highly conflicting” due to his ties with Chinese companies and raising doubts about the future of the American chips icon.
A change in leadership could increase pressure on the company, as it is undergoing a large strategic redefinition started by TAN, which aims to reduce costs, reducing its workforce and interrupting the construction of some of its planned factories.
Trump’s comments were made a day after the Reuters He reported that US Republican Senator Tom Cotton had sent a letter to Intel’s chairman with questions about Tan’s ties with Chinese companies and a recent criminal process involving his former Cadence Design company.
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A Reuters In April he reported that Tan – he himself or through risk funds he founded or operates – has invested in hundreds of Chinese companies, some of which linked to the Chinese military.
“There is no other solution to this problem,” Trump said in a publication on his social Truth platform.
Intel is a key pillar of US efforts to boost domestic chip manufacturing and last year guaranteed about $ 20 billion in subsidies and loans, the largest federal prize under the 2022 chips and science act to subsidize the production of state -of -the -art semiconductor.
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Intel and Tan, who assumed the position of CEO in March after the resignation of its predecessor Pat Gelsinger late last year, did not immediately respond to requests for comments from Reuters.
