Rep. Pat Harrigan (RN.C.) responds to President Donald Trump’s call on Chinese ties and Inter CEO Lip Beau Tan during a fierce hearing with “Maria” and to step down as aide to Biden Anita Dunn’s former presidential aide.
According to people familiar with the debate, the Trump administration is in talks with Intel to inject federal capital into the company. The aim is to promote US semiconductor production and revitalize Intel’s long-standing Ohio plant. Bloomberg reported.
“We look forward to continuing our work with the Trump administration to advance these sharing priorities, but we are not going to comment on rumors or speculation.” Intel spokesman He told Fox Business.
After a meeting between the White House, the lecture gained momentum President Trump Intel CEO Lip-Bu Tan, two people familiar with the issue, told Bloomberg.
The report says no conditions have been confirmed, but the move would mark a rare example of direct US government investment in private high-tech companies.
Intel CEO visits the White House after Trump asks for his expulsion over Chinese ties: Report
Lip-Bu Tan, CEO of Intel Corp., during a press conference on the sidelines of the Computex Conference held in Taipei, Taiwan on May 19, 2025. (Annabelle Chih/Bloomberg via Getty Images)
Semiconductors strengthen everything from smartphones to defense systems, and Intel’s struggles are National Security Concernsindustry analysts say. Federal interests indicate a shift from traditional subsidies to direct industrial policy, policy experts point out.
Patrick Moorhead, founder of Moor Insights & Strategy, told Fox Business that the administration’s approach fits with other recent moves.
“We’ve already seen investments in MP materials. The administration is asking both NVIDIA and AMD to reduce revenues from GPUs shipped to China by 15%,” says Moorhead.
“Given the implications of having domestic foundries and intellectual property to promote cutting-edge chips, it would not be surprising if one of the table’s options is an investment in Intel.
Trump calls for Intel CEO to resign over Chinese company ties
Lip-Bu Tan, CEO of Intel Corp., during a press conference on the sidelines of the Computex Conference held in Taipei, Taiwan on May 19, 2025. (Annabelle Chih/Bloomberg via Getty Images)
The talks take place less than a week after Trump publicly called on Tan to step down for his past business relationships.
CBS News Money Watch R-Ark. Senator Tom Cotton of the Chinese Communist Party and reported that he had sent a letter to Intel’s board raising concerns about Tan’s investment in semiconductor companies linked to the Chinese Communist Party and the Chinese military.
“Intel CEOs are very conflicted and must resign immediately. There is no other solution to this issue,” the president wrote on the platform.
President Donald Trump and Intel CEO Rip Beau Tan (Getty Images/Getty Images)
Ohio, home to Intel’s proposed factory, is politically central. Trump won Buckeye State All three of his presidents are Vice President J.D. Vance’s hometown, election records show. As Senate race intensifies in 2026, the project will carry a politically heavy weight, says political observers.
According to those who are being described on the issue, the lecture remains in the early stages and details are still in fluidity. Political strategies could affect whether announcements will arrive before or after the 2026 election, sources told Bloomberg.
White House We have not responded to Fox Business’s request for comment yet.
