Intel issues statement on CEO's meeting with US President Trump after he asked for his resignation; says: Mr. Tan had…
issued a conciliatory statement Monday following CEO
Lip-Bu Tan
's White House visit, emphasizing the company's commitment to
American technology leadership
after
President Trump
's recent call for the executive's resignation over alleged
China ties
.
"Earlier today, Mr. Tan had the honor of meeting with President Trump for a candid and constructive discussion on Intel's commitment to strengthening US technology and manufacturing leadership," Intel said. "We appreciate the President's 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 corporate statement followed
Trump
's own social media post describing the meeting as "very interesting" and calling
Tan
's career rise "an amazing story." The president announced that Tan and cabinet members would continue discussions next week to "bring suggestions to me," signalling a collaborative approach after days of public tension.
Intel responds to Presidential criticism with diplomatic messaging
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Khurd Users Prefers Toothsi Aligners
Toothsi by MakeO
Book Now
Undo
The company's measured response follows Trump's social media post declaring Tan "highly CONFLICTED and must resign, immediately." The president's criticism centered on concerns raised by Senator
Tom Cotton
about the CEO's previous business relationships with Chinese companies and his leadership history at
Cadence Design Systems
.
Tan had previously served as CEO of Cadence until 2021, during which time the company recently admitted to unlawfully exporting semiconductor design software to a Chinese university involved in nuclear research. The Justice Department settlement required Cadence to pay nearly $118 million in criminal penalties for the violations.
Intel's statement notably avoided addressing these specific allegations while positioning the company as aligned with Trump's America First technology agenda.
American chipmaker seeks to protect federal funding and business relationships
The diplomatic outreach reflects Intel's vulnerable position as a major recipient of federal
CHIPS Act
investments totalling $8.5 billion for domestic manufacturing expansion. The company has committed to building advanced semiconductor facilities in Arizona, Ohio, and New Mexico as part of the national security initiative.
Tan assumed Intel's leadership in March after the board removed Pat Gelsinger, inheriting significant operational challenges including declining market share and intense competition from rivals like Nvidia in emerging AI chip markets. His White House meeting represents Intel's effort to maintain crucial government partnerships while addressing political concerns about foreign business connections in the increasingly sensitive semiconductor industry.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
First Post
27 minutes ago
- First Post
After Alaska summit with Putin, Trump again claims he prevented India-Pakistan 'nuclear' war
Trump has once again claimed credit for preventing wars worldwide, including between India and Pakistan, after talks with Putin at Alaska summit. US President Donald Trump gestures as he walks off stage following a press conference with Russian President Vladimir Putin. Reuters US President Donald Trump on Monday reiterated his claims of preventing wars across the globe, including between India and Pakistan, after his Alaska summit with Russian President Vladimir Putin. He defended his administration's push for ceasefires in conflicts that, as Fox News host Sean Hannity noted, 'do not impact the United States as much as [they do] allies in Europe.' Trump's remarks came just hours after his much-anticipated meeting with Putin ended without any breakthrough on halting Moscow's war in Ukraine. STORY CONTINUES BELOW THIS AD In an interview on Hannity, the Fox News primetime show, Trump was asked why he was devoting time and energy to disputes far from US shores. Sean Hannity pressed him, 'This (Ukraine war) does not impact United States as much as it does our allies in Europe. But you are doing it anyway. Why?' Trump replied that his efforts were aimed at saving lives and preventing catastrophic escalation. 'Number one, to save lives in all cases. Cause wars are wars. See what would have happened with Cambodia as an example. I was involved with negotiating a trade,' Trump said. He then claimed that a ceasefire between India and Pakistan would not have been possible without his involvement, a claim New Delhi has consistently denied. 'Take a look at India and Pakistan. They were shooting down airplanes already. And that would have been maybe nuclear. I would have said it was gonna get nuclear, but I was able to get it done. Number one is lives, number two is everything else,' Trump added. Trump has often said that without his intervention, 'six major wars' would have erupted worldwide. 'India would be fighting with Pakistan. You see what we did yesterday with two nations that we were trading with,' he said, referring to the recent ceasefire between Thailand and Cambodia after five days of border clashes that left at least 33 people dead. STORY CONTINUES BELOW THIS AD According to Trump, Washington pressured the two Southeast Asian nations by threatening to withhold trade deals unless they agreed to stop fighting. 'We got them settled in 24 hours,' he said. India rejects Trump's claims Trump's comments once again clash with New Delhi's repeated denials. External Affairs Minister S. Jaishankar told Parliament that the understanding with Pakistan was reached directly through talks between the Directors General of Military Operations (DGMOs), without any US involvement.
India.com
27 minutes ago
- India.com
Trump makes huge announcement on secondary tariffs on India over Russian oil before meeting Putin, says 'Maybe I..'
Trump makes huge announcement on secondary tariffs on India over Russian oil before meeting Putin, says 'Maybe I..' Amid tensions with India over imposing tariff, US President Donald Trump said that he may not put secondary penalty on New Delhi over the Russian oil purchases. The US president made the remarks before meeting Vladimir Putin in ALaska. The meeting concluded without any agreement on ending the Russia-Ukraine war. 'Well, he (Russian President Vladimir Putin) lost an oil client, so to speak, which is India, which was doing about 40 per cent of the oil. China, as you know, is doing a lot…And if I did what's called a secondary sanction, or a secondary tariff, it would be very devastating from their standpoint. If I have to do it, I'll do it. Maybe I won't have to do it,' Trump said. Trump imposed tariffs totalling 50 per cent on India, including 25 per cent for Delhi's purchases of Russian oil that will come into effect from August 27. Responding to the tariffs, the Ministry of External Affairs has said that the targeting of India is unjustified and unreasonable. 'Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,' it said.
India.com
27 minutes ago
- India.com
B-2 Bomber Roars Over Putin's Head During Alaska Summit With Trump
As US President Donald Trump and his Russian counterpart Vladimir Putin met in Alaska for what White House described as "historic", a US Air Force B-2 Spirit stealth bomber flew across the sky above. In a widely shared video on X, it can be seen that a red carpet was laid out for the Presidents to walk on as the meeting was held to discuss the Russia-Ukraine conflict. Seconds into the video, the B-2 zoomed across above the Russian President who lifted his head and looked towards the sky and saw the Spirit stealth bomber and the F-22 Raptor fighter jets passing by. WATCH VIDEO HERE: Trump just flew a B-2 stealth bomber over Putin's head… Absolutely incredible. — Geiger Capital (@Geiger_Capital) August 15, 2025 US' B-2 Stealth Bomber According to the official website of the US, the B-2 Spirit is a "multi-role bomber" which can deliver both conventional and nuclear munitions. It can penetrate the most sophisticated defenses and it is difficult for the defensive systems to detect, track and engage with it. The B-2 has a crew of two pilots, a pilot in the left seat and mission commander in the right. It was first publicly displayed in 1988 and its first flight was in 1989. Trump-Putin Alaska Summit Putin and Trump concluded their joint press conference on Friday (local time). The Russian President also invited the US President for further talks in Moscow. "Next time in Moscow," Putin said in the press conference. Trump accepted the suggestion, saying, "That's an interesting one. I'll get a little heat on that one, but I can see it possibly happening." According to ANI, despite the lack of a formal agreement, Trump described the summit as 'Productive'. Speaking at the joint press conference in Alaska, the US President also claimed that thousands of lives could be saved weekly if both sides acted, adding that Putin shared the same goal.
