Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for his ouster over ties to China, according to a new report.

President Donald Trump has sharply reversed course on Intel CEO Lip-Bu Tan. Just days after blasting Tan as “highly conflicted” and demanding his immediate resignation over alleged national security risks, Trump is now praising his “ success and rise ” following a face-to-face meeting at the White House yesterday Aug. 11.

Lip-Bu Tan’s venture-capital firm has supported some of the biggest names in China’s chip industry. With U.S.-China tensions running high, those investments no longer look so benign.

Intel shares surged after-hours following reports of a potential Trump administration investment to revive its Ohio chip factory, as analysts weigh both the strategic boost and risks amid executive challenges and competitive pressures.

Despite the rocky relationship between President Donald Trump and CEO Lip-Bu Tan, the government is reportedly eyeing a stake in Intel.

Lip-Bu Tan, known as “Mr. Chip,” is under fire after a company he led until 2023 pleaded guilty to selling technology to a Chinese state-controlled research institution.

Intel CEO's crucial White House meeting aims to secure position as premier domestic semiconductor partner and avoid China tax club penalties.

For more than three decades, Lip-Bu Tan invested in the Chinese economic boom, placing the kind of no-brainer bets that enriched venture capitalists and fund managers around the world and across

Semiconductor Trade Deals Stir Controversy The U.S.-China trade landscape has been a high-stakes chessboard, with semiconductor giants Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) recently securing controversial export licenses to sell chips in China.