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Trump Says Intel CEO’s Success an ‘Amazing Story’ After Calling for His Resignation
Trump’s comments indicate a change of heart since last Thursday, when he called for Lip-Bu Tan to “resign immediately ” because he is “highly conflicted” via a post on Truth Social. Such conflicts of interest were outlined in a letter by Arkansas Senator Tom Cotton the day before, who alleged Tan “has deep ties to the Chinese Communists.”
So much has gone sideways for Intel since it announced its $28 billion Ohio semiconductor factory project in January 2022: ...
The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through the U.S. CHIPS and Science Act to advance Intel’s commercial semiconductor manufacturing and ...
Former CEO Craig Barrett urges customers to bankroll Intel’s survival Former Chipzilla chief Craig Barrett [pictured] has ...
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Trump demands Intel CEO Lip-Bu Tan ‘resign immediately’ amid alleged ties to Chinese military
Lip-Bu Tan took the helm at Intel in March after the software giant ousted chief Pat Gelsinger following dismal earnings and ...
Sen. Bernie Moreno has called for an investigation into how semiconductor maker Intel spent federal and state funding for its ...
The US government is likely to delay handing over the $8.5 billion of CHIPS Act funding to Intel, due to the company’s ongoing financial woes. According to a report from Bloomberg, the ...
Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former ...
The challenges in Ohio highlight the risks that federal and state officials took when they financially backed Intel, a ...
Apple’s manufacturing partners have committed to over $100 billion, TSMC is accelerating Arizona expansion, and Samsung is ...
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