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Trump Praises Intel CEO Lip-Bu Tan After Earlier Call for Resignation

Aug 11, 2025, 11:14 p.m. ET

AsianFin -- U.S. President Donald Trump has reversed his stance on Intel’s CEO, Lip-Bu Tan, just days after demanding his immediate resignation. On Truth Social, Trump praised Tan’s career, calling it “an amazing story.”

“I met with Mr. Lip-Bu Tan of Intel, along with Secretary of Commerce Howard Lutnick and Secretary of the Treasury Scott Bessent,” Trump wrote. “The meeting was very interesting. His success and rise is an amazing story.

Trump added that Tan would be collaborating with his cabinet secretaries and promised to bring him “suggestions” in the coming week.

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