Overview

• Lip-Bu Tan, Intel's CEO, has invested in over 600 Chinese companies, with at least eight linked to the People's Liberation Army (PLA), raising concerns about conflicts of interest.
• Tan's investments were made through his firm Walden International and two Hong Kong-based entities, Sakarya Limited and Seine Limited, with some stakes co-held with Chinese government entities.
• Despite claims of divestment, Chinese corporate databases list many of Tan's holdings as active, leaving questions about the completeness of his divestiture records.
• Intel's role as a key supplier to the U.S. Department of Defense has intensified scrutiny of Tan's ties to Chinese firms, including those on U.S. government trade blacklists.
• Tan's appointment comes as Intel seeks to regain leadership in advanced chip manufacturing, but his financial ties to China complicate his leadership narrative.