A week after President Trump called for his ouster, Intel (INTC) CEO Lip-Bu Tan is set to visit the White House on Monday, Lauren Thomas of Wall Street Journal reports, citing people familiar with the matter. Tan and Trump are expected to have a wide-ranging conversation and explain his personal and professional background, sources told the Journal. The CEO may also propose ways that the government and Intel could work together, the people added. Tan seeks rump’s approval by showing his commitment to the country, they said.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTC:
- Intel CEO Tan may have to reassure President Trump, Reuters reports
- Trump Weekly: Trump calls for Intel CEO resignation, raises India tariffs
- Mixed options sentiment in Intel with shares down 0.48%
- Tesla disbands supercomputer team, Trade Desk Q2 spurs downgrades: Morning Buzz
- Notable open interest changes for August 8th