Overview

• On Aug. 7, President Trump demanded Tan’s immediate resignation on Truth Social and Sen. Tom Cotton raised national security questions over his past investments in Chinese semiconductor firms.
• Tan has denied circulating misinformation about his roles at Walden International and Cadence Design Systems and emphasized his more than 40 years of U.S. residency and ethical track record.
• Intel’s board of directors has publicly affirmed full support for Tan’s leadership, highlighting corporate resistance to external political pressure.
• Intel shares fell nearly 3% after the president’s ouster call and have since hovered as investors weigh the implications for leadership stability and future government funding.
• Tan’s August 11 meeting with President Trump will focus on addressing conflict-of-interest concerns and aligning Intel’s $7.86 billion CHIPS Act–funded U.S. manufacturing expansion with administration priorities.