Technology8/12/2025β€’Engadget

Intel's CEO has successfully wooed President Trump

Intel's CEO has successfully wooed President Trump

Here is a 191-word summary of the news article: Intel CEO Lip-Bu Tan has successfully convinced President Trump that he should not resign, despite Trump's previous allegations that Tan was "highly conflicted" due to his investments in hundreds of Chinese firms. In a meeting with Tan, the Secretary of Commerce, and the Secretary of the Treasury, Trump described the discussion as "a very interesting one" and praised Tan's "success and rise." Tan had previously written to Intel employees, denying any wrongdoing and stating that he had "always operated within the highest legal and ethical standards." He also said that Intel was communicating with the White House to address the concerns that had been raised. The initial call for Tan's resignation came from Republican Senator Tom Cotton, who expressed concerns about the "security and integrity of Intel's operations" due to Tan's ties with China. Since taking over as CEO in March, Tan has implemented cost-cutting measures, including job cuts, and has even hinted that Intel may abandon the development of its next-generation manufacturing technology if it fails to secure a large client.

Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.

Source: EngadgetAI-generated summary
Content is AI-generated for summary purposes only
Share:

Related Articles

Nvidia Is Making a New Chip for China Amid Debate on AI Exports
πŸ’» Technology7h agoβ€’1 min read

Nvidia Is Making a New Chip for China Amid Debate on AI Exports

Source: NYT
Content is AI-generated for summary purposes only
Premier League Soccer: Stream Man City vs. Tottenham Live From Anywhere
πŸ’» Technology8h agoβ€’1 min read

Premier League Soccer: Stream Man City vs. Tottenham Live From Anywhere

Source: CNET
Content is AI-generated for summary purposes only
US Government Makes $8.9B Investment to Take 10% Stake in Intel
πŸ’» Technology8h agoβ€’1 min read

US Government Makes $8.9B Investment to Take 10% Stake in Intel

Source: CNET
Content is AI-generated for summary purposes only
Ex-Employee Sentenced to 4 Years for Sabotaging Company’s Computer Network
πŸ’» Technology9h agoβ€’1 min read

Ex-Employee Sentenced to 4 Years for Sabotaging Company’s Computer Network

Source: NYT
Content is AI-generated for summary purposes only
With Apple's Siri AI Overhaul Delayed, Google Might Help It Catch Up
πŸ’» Technology9h agoβ€’1 min read

With Apple's Siri AI Overhaul Delayed, Google Might Help It Catch Up

Source: CNET
Content is AI-generated for summary purposes only
Intel Agrees to Sell U.S. a 10% Stake in Its Business
πŸ’» Technology10h agoβ€’1 min read

Intel Agrees to Sell U.S. a 10% Stake in Its Business

Source: NYT
Content is AI-generated for summary purposes only