Intel CEO Lip-Bu Tan has said the company is engaging with the Trump administration to “ensure they have the facts,” after the President called for his resignation yesterday (August 7).

In an open letter published to Intel’s website, Tan said there had been “a lot of misinformation circulating about my past roles at Walden International and Cadence Design Systems” and that he had “always operated within the highest legal and ethical standards.

“My reputation has been built on trust – on doing what I say I’ll do, and doing it the right way. This is the same way I am leading Intel,” he wrote.

Trump called for Tan’s resignation after Republican Senator Tom Cotton publicly posted the letter he had written to the chair of Intel’s board of directors to “express concern” about “deep ties to the Chinese Communists” he alleges the chipmaker’s CEO has and the “potential impact on US national security.”

Cotton’s claims relate to previous reports that Tan has invested in more than 600 Chinese firms, “some linked to China’s military,” and the fact that Tan was CEO of Cadence Design Systems during the period the company illegally sold chip design software to a Chinese military university. In late July, Cadence pleaded guilty to the charges and paid a $140.6 million fine to settle the claims.

While Tan did not comment further on the specific allegations made by Cotton, he went on to say he “fully share[s] the President’s commitment to advancing US national and economic security, I appreciate his leadership to advance these priorities, and I’m proud to lead a company that is so central to these goals.”

He further stated that Intel’s success is “essential to US technology and manufacturing leadership, national security, and economic strength.”

Tan was appointed CEO of Intel in March 2025, following the sudden ‘retirement’ of the company’s former leader, Pat Gelsinger, in early December 2024.