U.S. President Donald Trump has called for the immediate resignation of Intel CEO Lip-Bu Tan, labeling him as “highly conflicted” due to his alleged ties to Chinese firms. Trump made the statement on his social media platform, Truth Social, as concerns mount over Tan’s past business associations.
“The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem,” Trump wrote in the post.
Senator Tim Cotton Raises Security Concerns
Trump’s remarks come on the heels of a letter from Senator Tim Cotton, who questioned the security implications of Tan’s associations and their potential impact on U.S. national security. In the letter, addressed to Intel Chairman Frank Yeary, Cotton expressed concern over Tan’s former role at Cadence Design Systems, a company currently facing a criminal investigation.
Criminal Case Involving Cadence Design
Lip-Bu Tan previously served as CEO of Cadence from 2008 to 2021, and remained as executive chairman until May 2023. Cotton questioned whether Intel’s board was aware of federal subpoenas issued to Cadence during Tan’s leadership, and what measures have been taken to mitigate any resulting risks.
“Intel is required to be a responsible steward of American taxpayer dollars and to comply with applicable security regulations,” Cotton wrote. “Mr. Tan’s associations raise questions about Intel’s ability to fulfill these obligations.”
Concerns Over Chinese Investments
The controversy deepened following an April Reuters report which revealed that Tan—either personally or through venture funds he controls—has invested over $200 million in hundreds of Chinese companies, including some with links to the Chinese military. These investments spanned from March 2012 to December 2024.
While a source quoted by Reuters claimed that Tan has since divested from these Chinese entities, no further details were disclosed.
Intel’s Role in U.S. National Security Programs
Intel, a major recipient of federal funding under the Secure Enclave program, is expected to meet strict national security standards. The Biden-era initiative allocates taxpayer money to bolster American semiconductor manufacturing, raising the stakes for Intel’s leadership to maintain clear and uncompromised operations.