Intel, White House and Considers US Stake
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Just days ago, Trump called for Lip-Bu Tan’s firing. Now he’s praising the Intel CEO’s ‘amazing’ success story, suggesting that tensions are easing.
Intel’s stock is on a roll after a White House meeting that could prove a turning point in the struggling chipmaker’s relationship with the Trump administration.
President Trump has reportedly floated a plan that would have the U.S. government take partial control of Intel, the ailing chipmaking giant.
6don MSN
Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report
Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for his ouster over ties to China, according to a new report.
The chip maker’s future was dangling by a thread even before its CEO controversy.
Intel CEO Lip-Bu Tan was due to visit the White House on Monday after U.S. President Donald Trump called for his removal last week, a source familiar with the matter said.
The Trump administration is reportedly weighing a stake in Intel to boost US chipmaking and ease tensions with its CEO
Intel CEO Lip-Bu Tan is set to visit the White House Monday after President Trump called for his removal last week over ties to Chinese businesses, according to people familiar with the matter.
Intel CEO's crucial White House meeting aims to secure position as premier domestic semiconductor partner and avoid China tax club penalties.
Mr Tan is expected to explain his personal and professional background to Mr Trump. Read more at straitstimes.com. Read more at straitstimes.com.
Despite the rocky relationship between President Donald Trump and CEO Lip-Bu Tan, the government is reportedly eyeing a stake in Intel.
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