Lip-Bu Tan, General Director of Intel, responded to President Donald Trump’s call for his resignation on allegedly interesting conflicts. In a self sent to staff on Thursday, Tan said those concerns are based on “misinformation.”
Tan joined the struggling rag back in March. He was in the middle of trying to regain the company when he found himself in Trump’s crossings.
“Intel’s Director General is very conflicted and must resign immediately. There is no other solution to this problem,” Trump wrote in Post truth of the Social Early on Thursday morning.
The post came only a day after Senator Tom Cotton of Arkansas sent a letter To the Board of Intel, Frank Yeary, raising questions about Tan’s investments in Chinese rag companies and their alleged links to China’s government and military.
He emphasized specific concerns about the former role of TAN as CEO of Cadence Design Systems, a position he occupied for 13 years until 2021. In July, the company pleaded guilty In violation of US export controls by selling hardware and program to China’s National University Technology university without obtaining the required licenses.
Cotton also pointed out that Intel received nearly $ 8 billion from the Chips and Scientific Act and said Tan’s associations “raise questions” about Intel’s ability to manage US tax dollars.
In his Self To staff, Tan shot back at those claims.
“I want to be quite clear: over 40+ years in the industry, I have built relationships around the world and through our various ecosystem – and I have always worked according to the highest legal and ethical standards,” wrote Tan.
He added that Intel is working with the Trump administration to deal with “the issues raised and make sure they have the facts.”
Just last month, Tan outlined his plan to Reduce calculationCut expenses – including scrap plans for new factories in Germany and Poland – and a new AI strategy to make Intel more competitive with their rivals.
Trump was no strange to arm-twisting business bosses to do what he wants. In addition to using rates to push companies to invest more in the United States, Trump also called Walmart Eat the growing costs of rates and Coca-Cola to change to Cane -sugar instead of corn -syrup. Unfortunately for Tan, he didn’t do much to get to Trump’s good side. Other technological CEOs such as Apple’s Tim Cook, Sam Altman from Openai, Nvidia’s Jensen Huang, and Amazon’s Jeff Bezos all met personally with Trump in efforts to promote their own business agendas.
