Audio By Carbonatix
Intel CEO Lip-Bu Tan is set to visit the White House on Monday after U.S. President Donald Trump called for his removal last week, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
Reuters could not immediately confirm the report. Intel and the White House did not immediately respond to requests for comment.
Tan is expected to have an extensive conversation with Trump while looking to explain his personal and professional background, the report said, adding that he could propose ways Intel and the U.S. government could work together, the report added.
Tan hopes to win Trump's approval by showing his commitment to the U.S. and guaranteeing the importance of keeping Intel's manufacturing capabilities as a national security issue, the report added.
Last week, Trump demanded the immediate resignation of Tan, calling him "highly conflicted" due to his ties to Chinese firms and raising doubts about plans to turn around the struggling American chip icon.
Tan said he shared the president's commitment to advancing U.S. national and economic security.
Trump's intervention marked a rare instance of a U.S. president publicly calling for a CEO's ouster and sparked debate among investors.
Reuters reported exclusively in April that Tan invested at least $200 million in hundreds of Chinese advanced manufacturing and chip firms, some of which were linked to the Chinese military.
Tan, a Malaysian-born Chinese American business executive, was also the CEO of Cadence Design from 2008 through December 2021, during which the chip design software maker sold products to a Chinese military university believed to be involved in simulating nuclear explosions.
Last month, Cadence agreed to plead guilty and pay more than $140 million to resolve the U.S. charges over the sales, which Reuters first reported.
Latest Stories
-
GAF denies injured El-Wak applicants enlisted
4 minutes -
PBC’s financial crisis leaves cocoa farmers in limbo – Minority Whip alleges
10 minutes -
Mahama commissions Kalsoume Sinare Baffoe as Ghana’s Ambassador to Spain
11 minutes -
Western Regional Minister urges strategic action against galamsey menace
45 minutes -
From audit rooms to global budget governance: How Mirabel Afeke’s work reflects global reach of Ghanaian accounting expertise
53 minutes -
Asante Akyem South assembly distributes 300 shoes to deprived pupils
54 minutes -
Mahama orders review of pension system to expand informal sector coverage
54 minutes -
War and climate: Israel-Gaza conflict produced over 30 million tons of carbon emissions – Study
55 minutes -
New Nkwakwanua health centre opens to replace facility plagued by years of challenges
56 minutes -
Minority says PURC utility cuts too small, urges deeper reductions for consumers
60 minutes -
Mahama Ayariga : The Architect of legislative substance
1 hour -
Enzo Fernandez uncertain over his Chelsea future
1 hour -
US judge orders Trump administration to reopen Voice of America
1 hour -
Minority demands removal of 1 Cedi fuel levy over rising prices
1 hour -
Investigative Committee submits findings on “Medical Kalabule” allegations
1 hour
