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Windows Central
Windows Central
Technology
Sean Endicott

Trump’s changing stance on Intel's "conflicted" CEO Lip-Bu Tan sparks talk of government stake in the chipmaker

Intel Corporation LipBu Tan Donald Trump United States Patrick Gelsinger Cadence Design Systems Truth Social
U.S. President Donald Trump speaks during the United Nations General Assembly seen on a laptop computer in Hastings on the Hudson, New York, U.S., on Tuesday, Sept. 22. 2020.

A stake in Intel could soon be owned by the United States government. The Trump administration is reportedly considering purchasing part of the chipmaker following a meeting with Intel CEO Lip-Bu Tan.

The news, first reported by Bloomberg, comes only one week after Trump said Tan is "CONFLICTED and must resign." At the time, Trump said there "is no other solution to this problem." That turned out not to be the case, however, as Trump has since met with Tan, praised the Intel CEO's "success and rise", and called Tan's journey an "amazing story."

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