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Trump demand's Intel CEO's resignation

Lip-Bu Tan and chip maker’s directors have been clashing over how to revive the struggling tech giant​


Yeary, a former investment banker, had drawn up a plan for Intel to exit from the foundry business entirely earlier this year when acting as interim executive chair. Yeary’s proposal involved spinning out the business and having other companies such as Nvidia and Amazon take stakes in it, the people said. Yeary also explored brokering a sale of the business to Taiwan’s TSMC, the people said, but that effort went nowhere.

Tan, on the other hand, has argued that Intel’s foundry business is integral to its success and needed to ensure the U.S. doesn’t become reliant on foreign semiconductor companies such as TSMC and Samsung, the people said. (While TSMC and Samsung have committed to building more plants in the U.S., critics say their research and development efforts are still centralized elsewhere.)

More recently, Intel had lined up a handful of Wall Street investment banks to facilitate a multibillion-dollar capital raise, with the aim of using the money to invest in its fabrication plants and bolster the company’s balance sheet, the people said.

Management hoped to kick off the efforts around the company’s most recent quarterly earnings report in late July. But some board members, including Yeary, wanted to move on a slower timeline than Tan and pushed it back, possibly to 2026, the people said.


Source:


 
  • Interesting:

  • As of 2024–2025, PitchBook and investment-tracking sources confirm that Walden International, Walden Catalyst Ventures, and Celesta Capital have significantly reduced their direct stakes in China. Today, they reportedly maintain holdings in only a handful of China- or Hong Kong–based firms — a stark reduction from their previous scale of involvement.
 
Daniel Nenni said:
  • Interesting:

  • As of 2024–2025, PitchBook and investment-tracking sources confirm that Walden International, Walden Catalyst Ventures, and Celesta Capital have significantly reduced their direct stakes in China. Today, they reportedly maintain holdings in only a handful of China- or Hong Kong–based firms — a stark reduction from their previous scale of involvement.
Click to expand...

I believe Trump received very bad advice in targeting Mr. Li-Pu Tan, the current Intel CEO. He should have looked instead into Elon Musk and Commerce Secretary Howard Lutnick’s investments and involvement in China, as there are far greater national security concerns with these two individuals.

Above all, both Elon Musk and Howard Lutnick have substantial or much larger involvement in China than Li-Pu Tan, and Mr. Musk and Mr. Lutnick are able to participate in the highly sensitive White House cabinet meetings and access classified federal government information.
 
Daniel Nenni said:
  • Interesting:

  • As of 2024–2025, PitchBook and investment-tracking sources confirm that Walden International, Walden Catalyst Ventures, and Celesta Capital have significantly reduced their direct stakes in China. Today, they reportedly maintain holdings in only a handful of China- or Hong Kong–based firms — a stark reduction from their previous scale of involvement.
Click to expand...
No surprise. No interesting.
Everyone is exiting China last three years.
 
hist78 said:
I believe Trump received very bad advice in targeting Mr. Li-Pu Tan, the current Intel CEO. He should have looked instead into Elon Musk and Commerce Secretary Howard Lutnick’s investments and involvement in China, as there are far greater national security concerns with these two individuals.

Above all, both Elon Musk and Howard Lutnick have substantial or much larger involvement in China than Li-Pu Tan, and Mr. Musk and Mr. Lutnick are able to participate in the highly sensitive White House cabinet meetings and access classified federal government information.
Click to expand...

Trump took advice?

Do you have any proof of this?
 
hist78 said:
I believe Trump received very bad advice in targeting Mr. Li-Pu Tan, the current Intel CEO. He should have looked instead into Elon Musk and Commerce Secretary Howard Lutnick’s investments and involvement in China, as there are far greater national security concerns with these two individuals.
Click to expand...
You forgot one thing - they're not Chinese. I don't want to draw conclusions and make accusations of racism, but I can't help but think LBT's ethnicity is a factor in this.

Lip Bu is Malaysian-Chinese, but not Taiwanese, meaning politicians and media are able to fearmonger and paint him in a bad light much more effectively. I'm quite sure that other major CEOs, like Jensen Huang have similar levels of involvement with China, but are not being examined with nearly the same level of scrutiny.
 
Markwrob said:
It is to laugh. But also too close to the truth. What a world we live in!
Click to expand...

Humor based in truth is the funniest! I just wish Lip-Bu would have met with Trump like CC Wei and Jensen Huang after he took the CEO job to make a deal with the US government. There is still time to do it, in fact now there is a big opening. Maybe Trump can borrow my Make Intel Great Again and Fab of America (like Gulf of America) sound bytes.
 
Daniel Nenni said:
Humor based in truth is the funniest! I just wish Lip-Bu would have met with Trump like CC Wei and Jensen Huang after he took the CEO job to make a deal with the US government. There is still time to do it, in fact now there is a big opening. Maybe Trump can borrow my Make Intel Great Again and Fab of America (like Gulf of America) sound bytes.
Click to expand...

Dan: not sure if you want to suck up to a mob boss? See the source of Potus' tweet, Tom Cotton, a hard line mob-boss-sucker senator from Arkansas, who lives in the myth of MAGA, unfortunately the chairman of the intelligence committee and probably sucking up to Potus for his next step in his still very young career. See how TC talks like an old school power hungry guy, with unlimited arrogance, and allowing BN's starving genocide in Gaza.

Let history decide about Cotton's strategic world view, let alone Cotton's semiconductor strategic view on INTEL. It's amateur mob boss talk by TC at the lowest strategic level. Pure arrogance and fear mongering:

https://www.cotton.senate.gov/news/press-releases/cotton-to-intel-ceos-ties-to-china-are-concerning

https://youtu.be/1KibgQkWaTQ
 
user nl said:
Dan: not sure if you want to suck up to a mob boss? See the source of Potus' tweet, Tom Cotton, a hard line mob-boss-sucker senator from Arkansas, who lives in the myth of MAGA, unfortunately the chairman of the intelligence committee and probably sucking up to Potus for his next step in his still very young career. See how TC talks like an old school power hungry guy, with unlimited arrogance, and allowing BN's starving genocide in Gaza.

Let history decide about Cotton's strategic world view, let alone Cotton's semiconductor strategic view on INTEL. It's amateur mob boss talk by TC at the lowest strategic level. Pure arrogance and fear mongering:

https://www.cotton.senate.gov/news/press-releases/cotton-to-intel-ceos-ties-to-china-are-concerning

Click to expand...

My views is that you do what it takes to get through the next four years. I feel that CC Wei and Jensen Huang played it perfectly. Lip-Bu should do the same and I expect he will. Will CC and Jensen invest the amounts on money reported by the WH? I seriously doubt it, but remember, in 3 years and and 4 months there will be another political reset with new rules.
 
We may differ in "do what it takes to get through the next four years". Weak bullies only respond to clear (power) boundaries, once you let yourself be compromised, like POTUS tries with all people "testing their loyalty", you're done......
 
“In one year, we’ll celebrate 250 years of independence from a mad king,” David Axelrod told me. “Would you not give anything to invite Washington, Jefferson and Lincoln back to comment on what they’re seeing? It’s blasphemous.”
https://www.nytimes.com/2025/08/09/opinion/trump-design-rococo-gold.html

Enough kitchen-politics for now...........

INTEL is a tough case, that may need a few decades to figure out INTEL 2.0

See how Philips-NL transformed over 2-3 decades into Philips-NL-2.0, after it almost went bankrupt


https://www.philips.com/a-w/about/our-history.html
 
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