When President Donald Trump criticized Intel (INTC) CEO Lip-Bu Tan in August, Microsoft’s (MSFT) Satya Nadella, Nvidia’s (NVDA) Jensen Huang, and tech founder Michael Dell were among the executives who reached out to Trump or his top aides to talk up Tan’s credentials and patriotism, Semafor’s Rohan Goswami and Liz Hoffman report. According to people familiar with the matter, the conversations, which came ahead of Tan’s August 11 meeting with Trump at the White House, appear to have helped soften the criticisms. “President Trump and the Administration are in regular contact with business leaders,” White House spokesman Kush Desai said. “The only factor guiding President Trump’s decision-making, however, is the best interest of the American people.”
Meet Samuel – Your Personal Investing Prophet
NVDS: built for a short position on NVDAPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTC:
- HSBC downgrades Intel to Reduce on ‘overdone’ share rally
- Nvidia CEO Describes OpenAI Deal as the Company’s First ‘Direct Partnership’
- AMD or Intel: Analysts Pick the Superior AI Chip Stock to Buy After Recent Blockbuster Partnerships
- Intel downgraded to Reduce from Hold at HSBC
- “Aggressive Pursuit”: Intel Stock (NASDAQ:INTC) Gains Ground With Deutsche Bank Price Target Shift