News: 0178616242

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

How Intel's CEO Helped Create China's Chip Industry (msn.com)

(Friday August 08, 2025 @05:22PM (msmash) from the double-clicking dept.)


Intel CEO Lip-Bu Tan, who faces [1]calls for resignation from President Trump , [2]helped build China's semiconductor industry over four decades. Tan's San Francisco-based Walden International, founded in 1987, was invited by Chinese officials to introduce venture capital to China in 1993, WSJ reported Friday. The firm invested in SMIC, China's largest chip manufacturer, where Tan served as board director for at least 18 years until the Commerce Department restricted the company in 2020. Walden also backed Advanced Micro-Fabrication Equipment, now worth $17 billion and a leader in China's chip-manufacturing sector.

During Tan's tenure as Cadence CEO from 2009-2021, the company sold banned technology to a Chinese university conducting military simulations, resulting in a 2025 guilty plea and $140 million settlement. These investments, once common among Silicon Valley venture capitalists and U.S. university endowments, now appear problematic amid U.S.-China tensions and Washington's restrictions on chip exports to China.

Tan [3]wrote in a blog post late Thursday that there had been a "lot of misinformation" circulating about his past roles. "Over 40+ years in the industry, I've built relationships around the world and across our diverse ecosystem -- and I have always operated within the highest legal and ethical standards," Tan wrote.



[1] https://slashdot.org/story/25/08/07/1427230/us-president-calls-on-intel-ceo-to-resign-over-china-ties

[2] https://www.msn.com/en-us/money/executive-leadership-and-management/how-intel-s-ceo-helped-create-china-s-chip-industry/ar-AA1Ka98v

[3] https://news.slashdot.org/story/25/08/08/0721242/intel-ceo-hits-out-at-misinformation-after-us-president-calls-on-him-to-resign



So the misinformation has some truth to it... (Score:2, Interesting)

by RightwingNutjob ( 1302813 )

Idunno dude. If Trump says the sky is green you're encouraged to call bullshit. If he says it's blue...might want to listen.

Re:So the misinformation has some truth to it... (Score:4, Informative)

by Powercntrl ( 458442 )

I've got some damn old Intel CPUs with "MALAY" stamped on them. Intel bailed on US manufacturing way before it became trendy to hate on offshoring. It's less Trump was right this time and more Trump is stating the obvious , in his usual ignorant blustery manner.

Even the "closing the barn door after the horse has run off" adage seems more than a little lacking here. Intel pretty much figured that designed in the USA - manufactured elsewhere would continue to be a viable business model for the foreseeable future. Spoiler alert: it wasn't.

Re: (Score:2)

by smooth wombat ( 796938 )

Intel pretty much figured that designed in the USA - manufactured elsewhere would continue to be a viable business model for the foreseeable future. Spoiler alert: it wasn't.

And yet, there are numerous other companies who use this same model. Look at their packaging. Designed in USA, made in China (usually China), but also Philippines, Thailand, etc.

Let's see if these companies get the same treatment. Spoiler alert: they won't.

Sure it was (Score:2)

by rsilvergun ( 571051 )

It still is you just don't understand the first thing about the American economy.

America is an empire. Our military is the iron fist. That's pretty obvious and even you've got to understand that.

But what about the Velvet glove? It sure is shit isn't foreign policy we're not very good at that.

It's our monetary policy. We use our national debt to lock people into our currency. The enormous military means that it's a safe bet because nobody's going to drag us into a war. And the big threat to a cur

Re: (Score:1)

by Ol Olsoc ( 1175323 )

> I've got some damn old Intel CPUs with "MALAY" stamped on them. Intel bailed on US manufacturing way before it became trendy to hate on offshoring. It's less Trump was right this time and more Trump is stating the obvious , in his usual ignorant blustery manner.

If the orange shitgibbon was performing as the TDS people say, he'd have eliminated the Biden era and ITAR laws and sold everything to Pooh bear. I mean since many believe everything he does is eat end of the US, this must be as well, amirite?

Re: (Score:3)

by OrangeTide ( 124937 )

Using a few simple truths to cover up bigger lies. Oldest trick in the book. The dude is a shit bag and you need to start questioning the motives behind every single thing.

My opinion, and this is simply an opinion, I don't have proof. Is that Trump is anti-capitalist. He does not want to see free enterprise in this nation. Instead he wishes to consolidate the power of industry under the Executive Branch. He essentially is taking steps to create a very American form of a fascism to supplant liberty, democrat

Re: (Score:1)

by Ol Olsoc ( 1175323 )

> Idunno dude. If Trump says the sky is green you're encouraged to call bullshit. If he says it's blue...might want to listen.

Unfortunately, the TDS is so strong that they are playing themselves. Corporate or outright espionage is a crime no matter if it happens under Saint Harris or Beelzebub Trump's watch.

And it also shows their possible allegiance. Because that is a pretty good way to show who a person obeys.

And modding this down to oblivion is a strong indicator as well.

Re: (Score:3)

by jacks smirking reven ( 909048 )

That's some bullshit.

If Trump want's us to believe that the sky is blue then he should have stopped telling it was green for the past 9 years.

Trump lies. His media lie. His supporters lie. He just lies all the time. Even if he said it was blue I'd have to go check and make sure he didn't nuke it red and was trying to cover it up.

I'd say if he was serious he should have his DOJ do an independent investigation but whoops! Can't trust them or Bondi either, they're just another set of lying lackeys.

This is

Re: (Score:2)

by DamnOregonian ( 963763 )

Trump would never in a million years call the sky blue, unless Democrats called it green.

Re: (Score:2)

by cayenne8 ( 626475 )

I dunno....just plain sounds like this is a Chinese Communist govt. asset in charge of the US's one chip manufacturer....

If I were IBM that fucker would be out quick...if for not for the security risk, but the coming stock drop.

Re: (Score:3)

by rsilvergun ( 571051 )

It is funny to watch you guys just fall in line behind the heritage foundation and Donald Trump as their mouthpiece.

Not that I want to defend this fucker. His shortsighted stock buy backs fucked the company hard.

But the part I find funny and what's almost certain to get me modded down is how Russia is no longer a viable threat having proven that they can't even take over a nation of 20 million without throwing half their population into the meat grinder.

But we need a big scary threat in order to

Corporate espionage (Score:2)

by courteaudotbiz ( 1191083 )

What better way to do corporate espionage than placing a high ranking person in a company.

1. Steal the secrets

2. Destroy the company

3. ...

4. Profit!!!

Life isn't as cool or dramatic as that (Score:3)

by rsilvergun ( 571051 )

This is just a banality of evil.

Intel spent the last 15 years doing non-stop stock buy Backs instead of investing in their company .

As a result they only had enough money to bet on one or two technologies and if either of those didn't make gangbusters money they were fucked.

Neither of the two technologies they have been working on have paid off. And they didn't blunder into anything amazing through sheer luck with smaller investments because trying to get into those spaces like the ultra low pow

Re: (Score:2)

by whoever57 ( 658626 )

> Intel spent the last 15 years doing non-stop stock buy Backs instead of investing in their company .

True. Note that the biggest buybacks occurred under the CEO who has an MBA and whose employment history was on the financial side, not engineering.

Directory of SMIC? (Score:5, Insightful)

by akw0088 ( 7073305 )

You would think being the director of SMIC for 18 years would be an instant disqualification for intel... but here we are

Re: (Score:1)

by 93 Escort Wagon ( 326346 )

Don't worry, Trump won't rest until a white guy is running things at Intel.

Re: (Score:2)

by DamnOregonian ( 963763 )

Why?

SMIC has done pretty fucking amazing things with DUV. It's flatly inferior to EUV- but still, they did shit with DUV that people were certain was impossible, lacking access to EUV.

That's innovation. Are you trying to imply that since the dude has a Chinese sounding name, we should ignore that he's a US Citizen of Singaporean descent?

He wasn't the director (what does that even mean? President of the Board?), he was a director.

Hilary Clinton was a "director of Walmart" for 6 years? What is it you th

Re: (Score:1)

by sikiriki ( 6723224 )

Why? A valuable experience.

And the warmongers continue to beat the drum (Score:2)

by MpVpRb ( 1423381 )

There seems to be a strong push for a war with China

This is sad and unfortunate

A better strategy would be cooperation, but that doesn't make defense contractors rich

There is no West! (Score:2)

by bento ( 19178 )

> You are an old man who thinks in terms of nations and peoples! There are no nations! There are no peoples! There are no Russians! There are no Arabs! There are no third worlds. There is no West! There is only one holistic system of systems.

[1]Ned Beatty Speech from Network [youtube.com]

[1] https://youtube.com/clip/UgkxVhqNKYIDnnVLFtz79i7XJcH0gRVmpt2p?si=tXS7aodZuDF3l1fu

You need tender loving care once a week - so that I can slap you into shape.
-- Ellyn Mustard