US President Donald Trumpthrough the social media platform Truth Social Intel CEO Lip-This Tan He called on “He should resign immediately”. Trump claimed that Tan was in a conflict of heavy interest due to his investments in China and said there was no other solution.
Trump’s output, recently Republican Senator Tom CottonHe came after the letter he wrote to the Intel board of directors. Cotton, Tan’s company in the past Cadence Design Systems And he questioned his commercial ties with China through investment activities. According to Reuters, Tan has a minority shares in more than 600 companies in China through investment companies, and some of them are among the Chinese army organizations.
Tan said in a statement on the subject that many unfounded claims about their past duties are circulating. Emphasizing that he works depending on the laws and ethical rules, Tan said he had direct contact with the White House in order to reach the right information of the Intel administration. In this process, the company also coordinated with security institutions recorded.
Trump’s call to resign deepened discussions under Intel
According to Reuters, Intel has long differences of opinion between TAN and the board of directors. While Tan insists on the protection of the company’s chip production capacity, some members of the board advocates the separation or sale of this unit on the grounds that it is damaged. These differences of opinion led to the postponement of some purchases planned to be made in the field of new production facility and artificial intelligence planned in Ohio.
On the other hand, Intel’s $ 8 billion in the 2022 CHIPS law supports the aim of establishing new semiconductor production facilities within the United States. However, the recent developments are seen to be seen as possible to directly affect the timing and scope of these investments. The sector resources state that the current situation creates uncertainty both in the production planning of the company and in investor relations.
In any case, this tension between Intel CEO Lip-this tan and Donald Trump is not considered a personal dispute between the two names. The issue is seen as a reflection of technology competition between the US and China and the sensitive balances in the global chip supply chain. It is reported that official contacts on the developments continue and new statements may come in the coming days.