Senators question Intel use of tools from blacklisted Chinese company, NYT says

Less than a year after President Trump raised concerns about ties that Intel’s (INTC) chief executive, Lip-Bu Tan, had to China, senators are questioning the company and its leader about reports that they may use technology from a blacklisted Chinese maker of semiconductor tools, The New York Times’ Tripp Mickle reports. In a letter sent Wednesday to Tan, a half dozen Republican and Democratic lawmakers questioned whether using tools from the Chinese subsidiary of the company, ACM Research, would create national security risks and potentially allow China to gain access to Intel’s chip making processes. The lawmakers said this was especially concerning since Intel is now partly owned by taxpayers, after the Trump administration acquired 10% of the company for $8.9B last year, the author notes.