President Donald Trump on Aug. 7 called for Intel CEO Lip Bu Tan to resign, accusing him of being “highly conflicted” over reported investments in Chinese semiconductor firms. The remarks, expressed via a post on his Truth Social network,

A week after calling Intel’s CEO “conflicted,” Trump met with him. Now the U.S. is reportedly exploring a stake in the chipmaker.

The White House is considering taking a 10% stake in chipmaker Intel per reports as talks with the company and Trump's team advance.

Following a recent meeting at the White House, President Donald Trump seems to have completely changed his stance on Intel CEO Lip-Bu Tan.

The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common stock. Lip-Bu Tan, Intel’s CEO, said in a statement that he “appreciate (s) the confidence (SoftBank) has placed in Intel with this investment.”

Now that Lip-Bu Tan has regained President Donald Trump's support, should investors turn bullish on Intel stock?

The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.

Intel CEO Lip-Bu Tan defended his integrity and vowed to continue leading the semiconductor company through a "critical moment."

Intel (INTC) stock jumped more than 3% in premarket trading on Tuesday after CEO Lip-Bu Tan met with President Trump, who had called for Tan's resignation last week. After the meeting, Trump posted to Truth Social that he had met with Tan along with Secretary of Commerce Howard Lutnick and Secretary of the Treasury Scott Bessent.

The latest developments in the ongoing soap opera that is Intel sees the federal government considering purchasing a stake in the company in a bid to speed up completion of its delayed advanced fabrication facilities, while yet another executive is casting aspersions on CEO Lip-Bu Tan.

Should Intel CEO Lip-Bu Tan resign over his alleged ties to Chinese companies? Who would replace him? Seeking Alpha analysts weigh in. Read more here.

The 65-year-old technology and venture capital industry veteran has amassed a fortune worth at least $1.1 billion, according to the Bloomberg Billionaires Index, which is calculating Lip-Bu Tan’s net worth for the first time.