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

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


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

What are those two CEOs in common?
Well, isn't Cadence a US company? One might ask is Lip-Bu qualified to run a company that's an order of magnitude larger and more complex than Cadence and the answer could be debatable...I remember Gil Amelio moving from National Semi to Apple and making a mess (though he rehired Steve Jobs which was a good thing) and failing to upscale, or Lou Gerstner moving to IBM from RJR Nabisco and doing a reasonable job transitioning from a non-tech business to a high-tech business, but did he really bring any real winning vision to IBM? Nah! Lip-Bu is perfectly qualified to run Intel assuming he can change its culture. Intel is a public company, what do you think, he's gonna sell it to China?
 
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