Donald Trump, the former US President, has intensified his criticism of Intel CEO Lip-Bu Tan, demanding his resignation and raising concerns over the executive’s financial ties to China.
At the heart of the matter is Tan’s reported investment in Chinese chip companies, some of which have connections to the Chinese military. This has led Trump to express strong disapproval and to call for Tan’s removal from the company.
The alleged investments, totaling hundreds of millions of dollars, have triggered a backlash, with Trump viewing these connections as a potential conflict of interest. The market reacted negatively to the news, with Intel’s stock price declining.
Lip-Bu Tan, who assumed the role of Intel CEO in March 2025, also holds the position of founder and chairman at Walden International. His background includes leadership roles at Cadence Design Systems and experience with other major technology companies such as Hewlett Packard Enterprise and Schneider Electric. Trump’s actions suggest a continued focus on national security concerns related to business dealings.
The situation underscores the complex relationship between global business and geopolitical tensions.