Here’s what drives me crazy. For decades, American companies have been rolling out the red carpet for foreign executives. They tell us business has no borders. Really? Tell that to China.
The answer came this week when one of America’s biggest tech companies got caught in a national security nightmare. The company’s leader? Well, let’s just say his loyalties might lie somewhere across the Pacific.
President Trump dropped a bombshell Thursday. He’s had enough of Intel’s CEO and his cozy China connections. Trump’s message? Get out. Now.
From Daily Wire:
President Donald Trump on Thursday called for Intel’s CEO to resign as the tech company battles falling fortunes and criticism from the nation’s capital.
“The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!” Trump posted on Truth Social.
The China Connection
Think this is just Trump being Trump? Think again. Senator Tom Cotton, who chairs the Senate Intelligence Committee, uncovered something that should make every American angry. Intel’s CEO Lip-Bu Tan doesn’t just have a few Chinese business interests. The man controls dozens of Chinese companies. Dozens!
But wait, it gets worse. Cotton found that Tan has stakes in hundreds—yes, hundreds—of Chinese chip companies. Eight of them? They have ties to China’s military. The People’s Liberation Army. You know, the same military that considers us their enemy.
Here’s the kicker. When Tan ran Cadence Design Systems, that company got caught red-handed. They illegally sold products to a Chinese military university. Got caught. Pleaded guilty. All while Tan was in charge. Anyone else seeing a pattern here?
American Taxpayers at Risk
Now here’s where my blood really starts to boil. Intel got the biggest handout from Biden’s CHIPS Act. How much? Nearly $8 billion. That’s billion with a B. Your money. My money. And who’s running the show? A guy with more Chinese connections than a Beijing phone book.
Intel used to be the pride of American tech. Now? They’ve missed every major innovation in the last 20 years. Mobile revolution? Missed it. AI boom? Playing catch-up. Their stock has tanked 60% in recent years. Thursday alone? Down another 3% after Trump’s announcement.
Makes you wonder, doesn’t it? When the boss has divided loyalties, is it any surprise the company can’t compete? We’re in a tech war with China, people. This isn’t a game. The experts tell us whoever wins the chip race wins the future. Military power. Economic dominance. Everything.
The Need for Vigilance
This isn’t just about one shady CEO. It’s about protecting what makes America strong. When we hand out billions in taxpayer money, shouldn’t we make sure it goes to people who actually want America to win?
Trump’s doing what needs to be done. No more looking the other way. No more pretending that everyone plays fair. The days of letting foreign influence creep into our most important companies? Over.
Here’s my question to you: How many more Lip-Bu Tans are out there? How many boardrooms have executives whose real loyalty is to Beijing? We better start asking these questions. Our future depends on it.
Key Takeaways
- Trump demanded Intel’s CEO resign over ties to Chinese military-linked companies
- Intel received $8 billion in taxpayer funds while being led by someone with divided loyalties
- American tech companies must put U.S. security before foreign business interests
- Swift presidential action shows the era of ignoring Chinese influence is over
Sources: Daily Wire, PBS News
