US Republican Senator Tom Cotton and President Donald Trump have demanded the immediate resignation of Intel CEO Lip-Bu Tan, alleging that his past investments were tied to several Chinese technology firms with links to the People’s Liberation Army (PLA). They further accuse him of approving the unlawful sale of chip design tools to China’s National University of Defense Technology during his tenure as president of Cadence Design Systems. The allegations are intensifying pressure on Intel’s restructuring drive and amplifying the political and national security scrutiny surrounding the company.
Intel’s Lip-Bu Tan hit by China-ties backlash as board clashes over foundry future
15
Aug