Intel CEO To Meet Trump Amid Resignation Calls Over China Ties

Intel CEO Lip-Bu Tan will meet Trump at the White House Monday after the president called for his resignation over alleged ties to Chinese businesses, according to The Wall Street Journal. Tan is expected to explain his background, emphasize Intel’s role in U.S. national security, and propose government collaboration. The president has urged U.S. companies to absorb tariffs and favor conservative allies, shortly after exempting some tech firms from semiconductor tariffs in exchange for increased U.S. investment. A Malaysian-born American citizen, Tan is under scrutiny for his past leadership of Cadence Design Systems and his venture-capital firm’s investments in Chinese companies. Cadence recently agreed to plead guilty and pay over $140 million to settle Justice Department charges for selling chip-design products to a Chinese military university. Tan told employees he has lived in the U.S. for more than 40 years and always upheld legal and ethical standards.