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Intel CEO Lip-Bu Tan Caught in Bizarre Crossfire of Trump’s China Standoff
President Donald Trump has sharply reversed course on Intel CEO Lip-Bu Tan. Just days after blasting Tan as “highly conflicted” and demanding his immediate resignation over alleged national security risks, Trump is now praising his “ success and rise ” following a face-to-face meeting at the White House yesterday Aug. 11.
Trump Says Intel CEO’s Success an ‘Amazing Story’ After Calling for His Resignation
Trump’s comments indicate a change of heart since last Thursday, when he called for Lip-Bu Tan to “resign immediately ” because he is “highly conflicted” via a post on Truth Social. Such conflicts of interest were outlined in a letter by Arkansas Senator Tom Cotton the day before, who alleged Tan “has deep ties to the Chinese Communists.”
New-age search engine Perplexity made an audacious $34.5 billion bid to buy Google’s Chrome browser, which is not even for sale yet, pending a court decision. But it reportedly had to raise a new ...
SAN FRANCISCO, Aug 6 (Reuters) - U.S. Republican Senator Tom Cotton sent a letter to Intel's (INTC.O) board chair on ...
Intel's stock climbed Friday, while other chip stocks slid after President Trump told reporters semiconductor tariffs could ...
The 65-year-old technology and venture capital industry veteran has amassed a fortune worth at least $1.1 billion, according ...
A change in leadership could pile pressure on the company as it pushes through a major strategic reset that Lip-Bu Tan ...
Lip-Bu Tan’s venture-capital firm has supported some of the biggest names in China’s chip industry. With U.S.-China tensions ...
Despite the rocky relationship between President Donald Trump and CEO Lip-Bu Tan, the government is reportedly eyeing a stake ...
Shares in Intel jumped more than 7 per cent on Thursday after reports that the Trump administration had discussed an unusual ...
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