Donald Trump signalled he was open to working with Intel boss Lip-Bu Tan to explore how the US government could help the company, appearing to soften his stance that the tech executive should quit his job.
Trump said in a post on Truth Social on Monday that Tan would work with the commerce and Treasury secretaries to offer “suggestions” within the next week for how the government can work with Intel as it contends with its lossmaking chip manufacturing business.
Trump said he met Intel’s chief executive on Monday afternoon along with commerce secretary Howard Lutnick and Treasury secretary Scott Bessent after the president called on Tan to resign last week, claiming he was “highly conflicted”.