US EditionIntel CEO invested in hundreds of Chinese companies, some with military ties: Reuters
- Lip-Bu Tan, Intel's CEO, has invested in hundreds of Chinese tech firms, including at least eight linked to the People's Liberation Army, according to a Reuters review of corporate filings.
- Tan manages investments in over 600 Chinese companies and funds, raising concerns among investors regarding his ongoing ties with China.
- Despite being legal for U.S. Citizens to invest in firms with military ties, these actions lead to scrutiny due to Intel's defense contracts and Tan's extensive investments in Chinese companies.
- Intel's stock has declined nearly 60% over the past three years, prompting analysts to hope for revenue growth and a return to profitability under Tan's leadership.
17 Articles
17 Articles
Intel’s new CEO invested at least $200 million in Chinese businesses, some with links to the country’s military, report says
There is no evidence that Tan currently invests directly in companies on the U.S. Treasury’s Chinese Military-Industrial Complex Companies List.
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Intel CEO invested in hundreds of Chinese companies, some with military ties
Lip-Bu Tan, the man chosen to lead Intel, the U.S.'s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army, according to a Reuters review of Chinese and U.S. corporate filings.
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