Senator Tom Cotton questioned Intel CEO Lip-Bu Tan about his investments in Chinese semiconductor firms and companies linked to the military. Cotton cited specific concerns related to Tan's leadership at Cadence Design Systems, which pleaded guilty to violating U.S. export controls. He emphasized Intel's obligation to uphold national security and responsible use of taxpayer funds, especially after receiving significant federal support for U.S. semiconductor manufacturing. Intel stated its commitment to U.S. national security and would respond to Cotton's inquiries. This scrutiny reflects bipartisan tensions regarding the impact of corporate ties to China.
Senator Tom Cotton expressed concerns over Intel CEO Lip-Bu Tan's investments in China, especially his involvement with companies connected to the Chinese military, raising national security issues.
Cotton noted Tan's previous leadership at Cadence Design Systems, which sold products to a Chinese military university, emphasizing the need for Intel to comply with security regulations.
Intel received almost $8 billion from the Chips and Science Act for investments to rebuild the domestic semiconductor industry, highlighting its strategic importance to U.S. national security.
Republicans are increasingly focused on scrutinizing U.S. companies for their connections to China, reflecting a growing bipartisan effort to limit economic ties with Beijing.
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