(Reuters) -Intel CEO Lip-Bu Tan is set to visit the White House on Monday after U.S. President Donald Trump called for his removal last week, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
Reuters could not immediately confirm the report. Intel and the White House did not immediately respond to requests for comment.
Tan is expected to have an extensive conversation with Trump while looking to explain his personal and professional background, the report said, adding that he could propose ways Intel and the U.S. government could work together, the report added.
Tan hopes to win Trump’s approval by showing his commitment to the U.S. and guaranteeing the importance of keeping Intel’s manufacturing capabilities as a national security issue, the report added.
Last week, Trump demanded the immediate resignation of Tan, calling him “highly conflicted” due to his ties to Chinese firms and raising doubts about plans to turn around the struggling American chip icon.
Tan said he shared the president’s commitment to advancing U.S. national and economic security.
Trump’s intervention marked a rare instance of a U.S. president publicly calling for a CEO’s ouster and sparked debate among investors.
Reuters reported exclusively in April that Tan invested at least $200 million in hundreds of Chinese advanced manufacturing and chip firms, some of which were linked to the Chinese military.
Tan, a Malaysian-born Chinese American business executive, was also the CEO of Cadence Design from 2008 through December 2021, during which the chip design software maker sold products to a Chinese military university believed to be involved in simulating nuclear explosions.
Last month, Cadence agreed to plead guilty and pay more than $140 million to resolve the U.S. charges over the sales, which Reuters first reported.
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Cynthia Osterman and Richard Chang)
