The president of the United States, Donald Trump, announced Monday that he met with the Intel CEO, Lip-Bu Tan, after asking for his resignation last week for “conflict” of interest.
“I met with Mr. Lip-Bu Tan, from Intel, together with the Secretary of Commerce, Howard Lutnick, and the Treasury Secretary, Scott Besent. The meeting was very interesting,” wrote the president in his social Truth network.
The Republican leader stood out from Tan, who assumed the position last March, “his success and ascent”, which said “they are an incredible story.”
And he assured that the maximum executive and the members of his cabinet “will spend time together” and will present “proposals” during the next week.
After Trump’s publication, Intel’s actions rose 2% in electronic operations after the closure of Wall Street.
Soser context:
Intel CEO denounces the ‘misinformation’ about his professional past after Trump demanded his resignation
Last Thursday, the president requested the resignation of the CEO and accused him of “conflict” of interest, a news that made his actions down about 3%.
The comment came after Republican Senator Tom Cotton, from Arkansas, sent a letter to Intel’s board of directors asking about Chinese companies, eight of them allegedly linked to the military wing of the Communist Party.
The legislator also indicated that a company previously led by the Executive, Cadence Design Systems, recently declared himself guilty in a criminal case for the illegal sale of products in China, allegedly under his mandate (2009-2021).
In a message to his employees, he said to be giving “data” to the US government, ensuring that he was in contact with the Trump administration and that he had the support of the Board of Directors of Intel.
It is so in charge of a restructuring in the American chip manufacturer to make it more competitive in the career for artificial intelligence (AI) after years of low sales, and recently announced a 15%global staff reduction.
With EFE information.
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