US EditionUS lawmaker questions Intel CEO's ties to China in letter to company board chair
UNITED STATES, AUG 6 – Senator Cotton demands transparency on Intel CEO Lip-Bu Tan’s investments in over 600 Chinese firms amid concerns about national security and defense supply chain risks.
- On Tuesday, U.S. Senator Tom Cotton wrote to Intel Board Chair Frank Yeary, raising concerns about CEO Lip-Bu Tan’s links to Chinese firms with military ties.
- A Reuters probe found Tan held authority over 40 Chinese companies and minority stakes in over 600 firms, investing at least $200 million in Chinese chip firms between March 2012 and December 2024.
- Cotton’s letter asks if Intel’s board required Tan to divest from Chinese chip firms linked to the military and whether he disclosed ties due to the Secure Enclave program.
- An Intel spokesperson said the company and Tan will cooperate with the inquiry, stating, `Intel and Mr. Tan are deeply committed to the national security of the United States and to the integrity of our role in the U.S. defense ecosystem`.
- Cotton wrote that, amid efforts to secure supply chains, the U.S. invests nearly $8 billion in Intel through the CHIPS and Science Act.
17 Articles
17 Articles
Sen. Cotton Questions Intel CEO’s China Ties
Sen. Tom Cotton, R-Ark., is pressing Intel's board over CEO Lip-Bu Tan’s ties to China, citing national security concerns and the integrity of a company set to receive billions in taxpayer funds, The Hill reported.
Trump Ally Cotton Asks Intel’s Board About CEO’s Ties to China
A top Republican senator asked the chairman of Intel Corp.’s board to answer questions about Chief Executive Officer Lip-Bu Tan’s ties to China, including investments in the country’s semiconductor companies and others with connections to the country’s military.
US Lawmaker Questions Intel CEO's Ties to China in Letter to Company Board Chair
U.S. Republican Senator Tom Cotton sent a letter to Intel's board chair on Wednesday with questions about the chipmaker's new CEO Lip-Bu Tan's ties to Chinese firms and a recent criminal case involving his former company Cadence Design.
US lawmaker questions Intel CEO's ties to China in letter to company board chair
U.S. Republican Senator Tom Cotton sent a letter to Intel's board chair on Wednesday with questions about the chipmaker's new CEO Lip-Bu Tan's ties to Chinese firms and a recent criminal case involving his former company Cadence Design .
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