U.S. Senator Presses Intel on New CEO’s China Links
The appointment of CEO Lip-Bu Tan by Intel has sparked national security concerns from Senator Tom Cotton because of his connections to Chinese firms and his previous work at Cadence Design where federal subpoenas were issued. Senator Tom Cotton wrote to Intel Chairman Frank Yeary to determine if the board members were aware of the subpoenas before Tan's appointment and if he needed to sell his Chinese military or Communist Party-linked business interests.
The reports indicate Tan invested more than $200 million through his direct management or funds into hundreds of Chinese technology companies during 2012 to 2024 including advanced manufacturing and semiconductor businesses. The Secure Enclave defense microelectronics program operated by Intel raised questions for Cotton because he doubted Tan fully disclosed his previous positions despite his legal right to invest in most Chinese companies.
Intel declared its dedication to U.S. national security while promising to resolve the senator's concerns. The exact nature of Tan's China asset divestment remains unclear although he has stated that he sold his Chinese investments. The company Cadence has settled all matters related to the case which Senator Cotton mentioned.
Dominic Maley is an American journalist recognized for his sharp and insightful reporting on social and political issues. His work is known for its depth, integrity, and the ability to highlight critical societal concerns.