Lip-Bu Tan invested over $5 billion in 600 companies through his venture firm, Walden International. Many investments were in China, including Semiconductor Manufacturing International Corp. As US-China tensions grew, the US government restricted technology access to China, leading Tan to divest his Chinese holdings when appointed at Intel Corp. Despite his distancing efforts, Tan faced criticism from US lawmakers, including President Trump, for his previous affiliations. Tan reaffirmed his commitment to US interests and received support from the Intel board while addressing allegations raised against him.
Lip-Bu Tan, who invested over $5 billion into more than 600 companies, has found himself facing scrutiny due to his past investments in China amid US-China tensions.
As US lawmakers, including Donald Trump, express concerns over Tan's affiliations, he emphasizes his commitment to US national security interests while distancing from Chinese investments.
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