Trump Demands Intel CEO Step Down Amid Security Concerns Over China Ties
Trump Demands Intel CEO Step Down Amid Security Concerns Over China Ties
Former President Donald Trump has called for the immediate resignation of Intel CEO Lip‑Bu Tan, labeling him “highly conflicted” due to his extensive investments in Chinese companies, some of which are believed to have ties to the Chinese military. This demand comes amid growing national security concerns voiced by Senator Tom Cotton and others following a Reuters investigation.
Between 2012 and 2024, Tan and the venture firms he manages reportedly invested over $200 million in hundreds of Chinese technology firms. Some of these firms have links to China's People’s Liberation Army. These revelations heightened scrutiny of his role as head of Intel.
Additionally, Tan's former company, Cadence Design Systems, recently settled U.S. legal claims for more than $140 million related to unauthorized exports to a Chinese military university during his tenure—fueling further debate over potential conflicts of interest.
Speaking on Truth Social, Trump declared, “The CEO of Intel is highly CONFLICTED and must resign, immediately. There is no other solution to this problem.” The company’s stock responded promptly, closing down approximately 3% amid investor unease.
In response, Tan stressed his commitment to U.S. national and economic security. He emphasized that Intel’s board fully supports his leadership and restructuring strategy. The company said it will continue engaging with the current administration to address the raised concerns.
Trump’s intervention—rare in urging a CEO’s removal—has ignited debate among investors. Some argue his influence reflects serious national priorities, while others warn of the dangers of political interference in corporate governance. Intel remains a key player in U.S. technological sovereignty, having recently secured major funding under the CHIPS Act to revitalize domestic chip-making capacity.