Trump’s U-Turn: From Calling for Intel CEO’s Resignation to Praising Lip-Bu Tan

A surprising twist unfolded at the White House. On Monday, President Donald Trump met with Intel CEO Lip-Bu Tan — just days after publicly calling for his resignation. In the span of a single week, the sharp tone shifted into words of recognition and praise. According to Trump, the meeting was also attended by Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent. Intel’s stock rose 2% in after-hours trading following reports of the talks. The president described the discussion as “very interesting” and called Tan’s life story “an amazing journey.” Intel confirmed the talks, saying that Tan and Trump had an open discussion about the company’s role in strengthening U.S. leadership in both technology and manufacturing.

From Criticism to Recognition Tan, who became CEO in March after replacing Pat Gelsinger, faced sharp criticism from Trump just last week. The president accused him of “major conflicts” related to his previous leadership of Cadence Design and suggested he might have questionable ties to China’s semiconductor industry. Republican Senator Tom Cotton echoed Trump’s concerns. Intel responded by stating that the company and Tan are fully committed to protecting U.S. national and economic security interests. But just days later, the tone shifted dramatically. Following Monday’s meeting, the president hailed Tan as a success story and emphasized his importance in shaping U.S. technology policy.

Part of a Broader Semiconductor Strategy The meeting with Tan comes at a time when the Trump administration is deeply involved in semiconductor policy. The U.S. is racing to maintain its lead over China in artificial intelligence and chip manufacturing — even through controversial deals. Just days earlier, Trump hosted Nvidia CEO Jensen Huang. That meeting resulted in an agreement for Nvidia to give the federal government 15% of revenue from sales of its H20 chip to Chinese customers in exchange for new export licenses.

Challenges Ahead for Intel Tan took the helm during a difficult period. Intel has been losing ground in the AI chip market, scaling back foundry operations, and canceling or delaying planned factories — including sites in Germany, Poland, and Ohio. “Reviving the company will take time and require patience,” Tan said recently. Intel’s shares are up 3% this year, compared to an 8.4% rise in the S&P 500 index. The White House meeting not only reshaped the relationship between the president and Intel’s CEO but also underscored that U.S. chip policy will remain central in the country’s battle with China for technological dominance.

#Intel , #DonaldTrump , #Aİ , #Geopolitics , #USPolitics

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