Trump’s comments indicate a change of heart since last Thursday, when he called for Lip-Bu Tan to “resign immediately ” because he is “highly conflicted” via a post on Truth Social. Such conflicts of interest were outlined in a letter by Arkansas Senator Tom Cotton the day before, who alleged Tan “has deep ties to the Chinese Communists.”

Bu Tan, praising his "success" on Truth Social.The meeting follows Trump's previous criticism of Tan over conflict-of-interest concerns.Intel's stock rose 2% post-meeting; Tan aims to revitalize the US chipmaker.

President Trump said Monday afternoon that he had met with Intel CEO Lip-Bu Tan, after he had abruptly called for Tan’s immediate removal last week over ties to Chinese businesses. “I met with Mr. Lip-Bu Tan,