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Is Intel’s New CEO Lip-Bu Tan Qualified To Run an American Business?

A

ai268

New member
Wow ! His own money?

Intel CEO invested in hundreds of Chinese companies, some with military ties
  • - Tan invested in over 600 Chinese firms, some linked to China's military
  • - Investments raise concerns because of Intel's role in US national security
  • - Intel says Tan disclosed potential conflicts of interest before becoming CEO
  • - Chinese databases list many Tan investments as current, extent of divestitures unclear
BEIJING/SAN FRANCISCO, April 10 (Reuters) - Lip-Bu Tan, the man chosen to lead Intel, the U.S.'s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army, according to a Reuters review of Chinese and U.S. corporate filings.
The appointment last month of Tan, one of Silicon Valley's longest-running investors in Chinese tech, as CEO of a company that manufactures cutting-edge chips for the U.S. Department of Defense raised questions among some investors about the extent of his ongoing involvement with businesses in China.


Is Intel’s New CEO Lip-Bu Tan Qualified To Run an American Business? Report Shows He Has Invested Over $200 Million+ In Hundreds Of Chinese Businesses

wccftech.com

Is Intel's New CEO Lip-Bu Tan Qualified To Run an American Business? Report Shows He Has Invested Over $200 Million+ In Hundreds Of Chinese Businesses

Intel's CEO Lip-Bu Tan is reported to have had business ties with hundreds of Chinese firms, raising questions about a conflict of interest.
wccftech.com wccftech.com

This recalled me that during Trump's 1st term, Trump administration blocked Broadcom's acquisition of Qualcomm.

What are those two CEOs in common?
 
Y.H said:
Lip-Bu Tan’s profile is well known, I wonder why the sudden doubt few weeks after the appointment
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It feels like Reuters has been actively publishing articles that are hostile to Intel. First, they published a slew of articles about 18A’s lack of readiness. Then, it was about Intel getting dismembered by TSMC and design houses. Now, it’s a new campaign against Lip-Bu Tan, whose assets were known to folks before he became CEO.
 
osnium said:
It feels like Reuters has been actively publishing articles that are hostile to Intel. First, they published a slew of articles about 18A’s lack of readiness. Then, it was about Intel getting dismembered by TSMC and design houses. Now, it’s a new campaign against Lip-Bu Tan, whose assets were known to folks before he became CEO.
Click to expand...
I feel like someone don't want Intel to succeed lol
 
Shouldn’t those concern be raised when Lip-Bu Tan first joined Intel as board member? In fact his continued involvement with cadence could also ‘leak secrets’ to China if one wants to be anal about it.
 
osnium said:
It feels like Reuters has been actively publishing articles that are hostile to Intel. First, they published a slew of articles about 18A’s lack of readiness. Then, it was about Intel getting dismembered by TSMC and design houses. Now, it’s a new campaign against Lip-Bu Tan, whose assets were known to folks before he became CEO.
Click to expand...

I agree. Reuters throws the first stone then dozens of other outlets follow. Maybe it qualifies as a criminal enterprise? :ROFLMAO: Since Reuters is advertising based they have to get those clicks. Then you have to grow those clicks every month. It must be a grueling task for those editors.

When Lip-Bu was first mentioned for CEO I seriously doubted it for this reason, his work at Walden, but I am sure it was part of the vetting process. They even put it in the offer letter that he could continue his work outside of Intel while being CEO. The only other time I have seen that is at Cadence and again it was Lip-Bu.
 
Daniel Nenni said:
I agree. Reuters throws the first stone then dozens of other outlets follow. Maybe it qualifies as a criminal enterprise? :ROFLMAO: Since Reuters is advertising based they have to get those clicks. Then you have to grow those clicks every month. It must be a grueling task for those editors.

When Lip-Bu was first mentioned for CEO I seriously doubted it for this reason, his work at Walden, but I am sure it was part of the vetting process. They even put it in the offer letter that he could continue his work outside of Intel while being CEO. The only other time I have seen that is at Cadence and again it was Lip-Bu.
Click to expand...
"They even put it in the offer letter that he could continue his work outside of Intel while being CEO. The only other time I have seen that is at Cadence and again it was Lip-Bu."

Is this the real "red-flag" there? Any other Fortune 500 CEOs have this kind of "privilege", with $200 Million at least outside VC? Is this a "JOKE"?
The first thing on anyone first day in any company, what kind of documents anyone needs to sign?

XYang2023 said:
I think it is short-sellers. The news fits the current theme.
Click to expand...
How about the "long buyer"? Today INTC is back to $18- $19 handle. Another TSMC rumor is needed?
 
Too many unclear connections with the communist China government. Why wasn't it properly vetted before appointing him? Intel should not be receiving any federal grants and help until they come clean.
 
Pat's All

Did You Miss Me.gif
 
I see this as an advantage. Intel needs someone who is familiar in China to navigate the current political situation given China accounts a large portion of Intel's business. US/China also needs someone who can be a bridge between the two countries.

Regarding compliance requirements, just close out contentious positions. 200m combined China investments out of several billions is not really significant. Then I assume, a very small proportion out of $200m requires closure, which could be already closed before he stepped in to be the CEO.
 
XYang2023 said:
I see this as an advantage. Intel needs someone who is familiar in China to navigate the current political situation given China accounts a large portion of Intel's business. US/China also needs someone who can be a bridge between the two countries.

Regarding compliance requirements, just close out contentious positions. 200m combined China investments out of several billions is not really significant. Then I assume, a very small proportion out of $200m requires closure, which could be already closed before he stepped in to be the CEO.
Click to expand...

That sounds great, right up until the time that "The Man" decides Tan’s China ties aren’t an ‘advantage,’ they’re a liability Intel can’t afford. His $200M in Chinese firms includes eight PLA-linked companies like Dapu Technologies, not just ‘business’ contacts. That’s easily a dealbreaker when Intel’s got $3B in DoD contracts and $8.5B in CHIPS Act funding on the line.
 
fansink said:
That sounds great, right up until the time that "The Man" decides Tan’s China ties aren’t an ‘advantage,’ they’re a liability Intel can’t afford. His $200M in Chinese firms includes eight PLA-linked companies like Dapu Technologies, not just ‘business’ contacts. That’s easily a dealbreaker when Intel’s got $3B in DoD contracts and $8.5B in CHIPS Act funding on the line.
Click to expand...
I don't think so. NVIDIA sells H20 to China and it was reported Trump recently granted NVIDIA right to continue selling H20. Who could be the end users of H20? Don't tell me there won't be any involvement of defence industry.
 
XYang2023 said:
I don't think so. NVIDIA sells H20 to China and it was reported Trump recently granted NVIDIA right to continue selling H20. Who could be the end users of H20? Don't tell me there won't be any involvement of defence industry.
Click to expand...

Not remotely close to PLA nexis, try again.
 
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