3 6 Ke·2025-08-13 01:21Group 1 - President Trump praised Intel CEO Chen Liwu as a "successful model" after a meeting on August 11, reversing his previous demand for Chen's resignation [1][2] - Following the meeting, Intel's stock price rose over 3% in pre-market trading, reaching $21.33 [1] - Chen Liwu has been CEO since March 2023 and has initiated cost-cutting measures, including layoffs and scaling back expansion plans [3] Group 2 - Trump previously accused Chen of serious conflicts of interest but has since expressed interest in suggestions Chen will present to his cabinet [2] - The U.S. government is taking a strong stance on the semiconductor industry amid competition with China, as evidenced by recent agreements with Nvidia and AMD to pay a 15% commission on certain chip sales [2] - Chen emphasized the need for time and patience to turn Intel around, acknowledging the challenges ahead [3]