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Trump expected to meet with Intel CEO after calling for his ouster

by News Desk
7 months ago
in International, Top News, World
Trump expected to meet with Intel CEO after calling for his ouster
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Intel CEO Lip-Bu Tan is due to visit the White House after United States President Donald Trump last week called for his removal.

The executive of the tech giant was set to meet the president on Monday, a source familiar with the matter told the Reuters news agency.

Neither Intel nor the White House immediately responded to requests for comment.

Tan is expected to have an extensive conversation with Trump while looking to explain his personal and professional background, according to the Wall Street Journal (WSJ), which broke the news on Sunday, adding that he could propose ways Intel and the US  government could work together, the paper said.

Tan hopes to win Trump’s approval by showing his commitment to the US and guaranteeing the importance of keeping Intel’s manufacturing capabilities as a national security issue, the WSJ added.

Last week, Trump demanded the immediate resignation of Tan, calling him “highly conflicted” due to his ties to Chinese firms, comments that raised doubts about Tan’s plans to turn around the struggling US chip icon.

It was a rare instance of a US president publicly calling for a CEO’s ouster, and sparked debate among investors.

Tan said he shared the president’s commitment to advancing US national and economic security.

Reuters reported exclusively in April that Tan invested at least $200m in hundreds of Chinese advanced manufacturing and chip firms, some of which were linked to the Chinese military.

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