Intel Corporation CEO Lip-Bu Tan has reaffirmed his commitment to leading the company amid calls for his resignation from U.S. President Donald Trump, who labeled him “highly conflicted” over past ties to Chinese companies.

In a letter to employees on August 7, Tan described the allegations as “misinformation” and emphasized that throughout his 40-year career, he has “always operated within the highest legal and ethical standards.” He added that the company’s board is “fully supportive” of his leadership and transformation plans.

The controversy stems from Tan’s history with venture capital firm Walden International, which invested heavily in China’s semiconductor industry, and his tenure as CEO of Cadence Design Systems, which recently faced a U.S. Department of Justice fine over export violations involving China.

While critics, including Senator Tom Cotton, have raised concerns about potential security risks, Tan stressed that Intel is working closely with the White House to address the matter and ensure all facts are understood.

Appointed Intel CEO in March 2025, Tan said the company remains focused on restoring its technological leadership and ramping up advanced semiconductor manufacturing in the U.S. later this year.

“Intel’s success is essential to U.S. technology and manufacturing leadership, national security, and economic strength,” he told staff, expressing pride in the company’s role in shaping the future of innovation.