Intel CEO Lip-Bu Tan responds to President Trump's claims that he should step down as Intel CEO

Intel CEO Lip-Bu Tan has responded to recent claims and comments about him and his company, reiterating his commitment to the United States, after President Trump said the Intel CEO was "highly CONFLICTED" and "must resign immediately".

2

In a new letter to Intel employees, Intel CEO Lip-Bu Tan addressed all of the recent claims, disclosing that there is a lot of misinformation against him and spreading around the internet about Intel. He said: "Let me start by saying this: The United States has been my home for more than 40 years. I love this country and am profoundly grateful for the opportunities it has given me. I also love this company".

He continued: "Leading Intel at this critical moment is not just a job - it's a privilege. This industry has given me so much, our company has played such a pivotal role, and it's the honor of my career to work with you all to restore Intel's strength and create the innovations of the future. Intel's success is essential to U.S. technology and manufacturing leadership, national security, and economic strength. This is what fuels our business around the world. It's what motivated me to join this team, and it's what drives me every day to advance the important work we're doing together to build a stronger future".

"There has been a lot of misinformation circulating about my past roles at Walden International and Cadence Design Systems. I want to be absolutely clear: Over 40+ years in the industry, I've built relationships around the world and across our diverse ecosystem - and I have always operated within the highest legal and ethical standards".

In regard to the Trump administration, CEO Tan said: "We are engaging with the Administration to address the matters that have been raised and ensure they have the facts. I fully share the President's commitment to advancing U.S. national and economic security, I appreciate his leadership to advance these priorities, and I'm proud to lead a company that is so central to these goals".