How a Silicon Valley dealmaker charmed Trump and gave Intel a lifeline

How a Silicon Valley dealmaker charmed Trump and gave Intel a lifeline

By Max Cherney,Jeffrey Dastin
Publication Date: 2025-12-24 11:12:00

  • Tan’s strategic meeting with Trump reshapes Intel’s future
  • Tan’s leadership questioned due to lack of right technical expertise
  • Nvidia recently tested Intel’s 18A but stopped moving forward, sources said

SAN FRANCISCO, Dec 24 (Reuters) – It was a Thursday before dawn in Silicon Valley when Intel CEO Lip-Bu Tan found himself under attack by the president of the United States.

“The CEO of INTEL is highly CONFLICTED and must resign, immediately,” U.S. President Donald Trump wrote on his Truth Social platform at 4:39 AM Pacific Time on August 7. Before he was Intel CEO, Tan had been a prolific investor in companies in China.

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Trump and Tan had not met. While technology leaders from Nvidia, AMD, OpenAI, Amazon, Google and Palantir had all recently traveled to see Trump, the head of America’s most storied chipmaker had not spent time with the president since joining Intel (INTC.O), opens new tab in March.

Politics was not Tan’s top priority. It had been more than 20 years since Tan, 66, had donated to a presidential election campaign. Though he spoke with a handful of U.S. government leaders, including Commerce Secretary Howard Lutnick in April, the Intel CEO did not fill the company’s top policy job in Washington for months after its prior holder, a Democrat, resigned.

Almost immediately after Trump’s attack, Intel scrambled to lock down time with the president, two people with knowledge of the situation said. That culminated in the most pivotal, roughly…