Intel(US:INTC) New York Post·2025-08-08 21:32Core Viewpoint - Intel CEO Lip-Bu Tan is facing scrutiny over alleged financial ties to China, with calls for his resignation from President Trump and Senator Tom Cotton due to concerns about national security and potential conflicts of interest [1][3]. Group 1: Financial Ties and Controversies - Tan has been criticized for past investments totaling at least $200 million in Chinese companies, some linked to the military, between March 2012 and December 2024 [3]. - The company received $8.5 billion under the Biden administration's CHIPS Act, indicating its significant role in the semiconductor industry [2]. Group 2: Internal Company Dynamics - There is an ongoing power struggle within Intel's board regarding the future of the company's chip manufacturing, with some members advocating for a spin-off or sale of the money-losing unit [6]. - Tan has expressed that the board is fully supportive of his leadership, despite the internal conflicts and challenges he faces since taking over as CEO [4][6]. Group 3: Background and Leadership - Tan, who has over 40 years of industry experience, replaced former CEO Pat Gelsinger amid poor earnings and layoffs, highlighting the challenges Intel is currently navigating [7].