US President Donald Trump sought to resign the General Director of Lip-Bu Tan and said he was “highly conflicting” after the questions about his link to Chinese companies arose.
“The CEO of Intel is highly conflicting and must immediately resign. There is no other solution to this problem. We thank you for your attention for this problem,” Trump said in a post of social truth.
Demand Donald Trump came shortly after Senator Tim Cotton sent Intel a letter that asked his ties to companies in China.
What are the accusations of the CEO of Intel Lip-Bu Tan?
In his letter, Senator Tim Cotton also described the recent criminal case concerning the design of the former Cadence Cascence company CEO Lip-Bu Tan.
The Senator wrote in order to “express concern about the security and integrity of Intel operations and its potential impact on the US national security”, Intel Chairman Frank Yeary, chairman of Intel. He asked if Intel’s Board of Directors knew about Cadence’s pre -summons at a time when Tan was CEO of the company.
Cotton also raised questions about the measures that Intel has taken to solve this problem.
Tan ran Cadence as the CEO from 2008 to 2021 and was the executive chairman until May 2023.
“Intel must be a responsible administrator of US taxpayers and comply with the valid security regulations,” Cotton wrote. “Mr Tan Association raises questions about Intel’s ability to fulfill these obligations.”
Intel receives federal financing within the US Secure Enclave program, the Biden-Era initiative.
In April, Reuters reported that Tan – or through the risk funds he founded or operated – has invested hundreds of Chinese companies, some of which are associated with the Chinese army.
Intel’s CEO has invested at least $ 200 million in hundreds of Chinese advanced manufacturing and smart companies from March 2012 to December 2024.
According to the source quoted by the news agency, Tan sold out from his positions in entities in China. However, no further details were provided.
(Tagstotranslate) Donald Trump
