Intel just can't catch a break.

Lip-Bu Tan is not unique in his desire to keep selling to China. This is true of all American companies, technology companies or otherwise.

Not that I necessarily want it to happen (or not), but this would be a very funny way for Pat to return

Sucks for Intel but this is pretty funny. Nothing can to according to plan for Intel. Whatever the plan is now hasn't even had half a year to get going. Like sideshow bob in a field of rakes

I'm really against a government agency telling a business how to handle their personnel.

But this is one of those "Let them fight" moments.

Remember when conservatives used to say "the government shouldn't be picking winners and losers"?

Intel is so screwed, not because of Tan, he just got the job in March and is from what it seems to me trying to prevent bankruptcy caused by the heavy investment into being a fab while failing to attract customers by his predecessor. Predecessor may have a good idea but execution hasn't gone well

How can Intel succeed as a fab when their great hope is domestic support but your domestic government is hostile to you because of your CEO. It's not Trump and cabinet and Congress that are constantly looking at their operating costs and prospects for high value customers.

Intel is so screwed. They have a backseat driver pulling the hand brake and screaming out the window for a yes-man to run the company the way he wants. The backseat driver is the president of the country they're based in whose background is inheriting his dad's real estate business and parlaying that to become a media personality while real estate operations is run by capable people

the audacity... you first!

In return, I call on Trump to resign.

Crazy idea...what if they both resign?.

OR - hear me out now - Or trump could shut his grotesque sphincter mouth and waddle his plastic girdled high-heeled flatulent ass into some room where brain-slugged sycophants breathlessly await to rejoice at any demented, slurred neuronic misfire from his ancient twisted headsack.

I mean, that would be better.

While I'm not onboard the China-bad train, this surely looks bad from US'es national security perspective:

In the years since, Walden has deepened its investment focus on China: from 2017-2020, the company made at least 25 investments in Chinese chip companies, "accounting for more than 40% of the Chinese semiconductor deals involving U.S. venture investors during that period"[14] while Tan, through Walden, "has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army."[15]

From wiki.

Of course Intel's major shareholders wouldn't be worried by that as they are mainly concerned with maximizing profit this quarter or next.

But also Trump suggested a foreign firm taking over Intel. One with head office and facilities a short range missle away from China. 🤭

What a shit show.

Why hasn't he shed his mortal coil yet?

Intel is DOOOOOOOOOMED

It doesn't matter what they do. Even if they put 110% into new manufacturing processes, they'd never catch up. Dump your stock and laugh at anyone buying it.

Trump just wants an incompetent white man running IBM into the ground. Just like they do everything else.

Broken clock and all that...

Bring back pat?

The President of the United States interfering in the internal affairs of private corporations, while the part of the electorate who gave him the job clutches their pearls about encroaching 'socialism'. Not even the most perverse satirical mind could make this shit up. The global supply of hallucinogens is grossly insufficient.

Epstein files

Epstein files

Epstein files

Epstein files

Epstein files

Why are we talking about anything else but these? Are people already forgetting that their US president is a pedophile?

I do wonder if he bought Intel stock after saying that, knowing he'll say the opposite next week and sell it right back.

Trump is highly conflicted on the Epstein files and needs to remove himself from all influence over the case.

I guess the Intel CEO needs to present a 24 karat gold gift.

Republicans from 2011:

[Republican Congressman Paul Ryan] told "Fox News Sunday." "We shouldn't be picking winners or losers in Washington. We should be setting the conditions for economic growth so that the private sector can create jobs. Washington is not good at picking winners and losers, so we shouldn't try." GOP presidential candidate Herman Cain echoed the advice. "The government should not be in the business of picking winners and losers because most of the time they pick the losers," he said.

warning: foxnews source

He's the president of Intel too?

me: god i can't wait for that disgusting piece of human garbage to die

someone: who the intel ceo or trump?

me: yes

Jimmy.... Intel, has been an embarrassment to this great company. People are saying, folks are, everyone is saying he's just, the worst. A travesty. Of the highest order. It's as if he was trying to push the market under. Like a. Well I should, people are saying I should ask him to step down but to them I say I won't I might suggest it, humbly, in the press. But I won't ask him to. He will though. We've spoken and he told me "Mr. President Mr. president, what can I do?" and I tell him you got a move the supply chain out of Taiwan. But he doesn't understand that so he won't.

I am calling on Traitorapist Trump to resign immediately, with the same authority over Trump as Trump has over Intel.

Imagine if president Clinton called for Trump to resign from his company back in the day when they briefly met during their visits to Epstein.

I don't think that's how oligarchy works. The president is the servent of the billionaire CEOs, not the other way around. Know your place, dipshit. Did he not read the terms of selling his soul?

Didn’t the new CEO just start?