Sen. Tom Cotton (R-Ark.) on Tuesday pressed the chair of Intel’s board about its CEO’s ties to China, voicing considerations in regards to the integrity of the semiconductor agency and U.S. nationwide safety.
In a letter to Intel board Chair Frank Yeary, Cotton pointed to current reporting on Lip-Bu Tan’s investments in a whole lot of Chinese language tech companies, not less than eight of which have ties to the Chinese language army, in line with Reuters.
Tan was tapped to guide Intel in March, after former CEO Pat Gelsinger stepped down final December following a “challenging year” for the corporate.
Earlier than becoming a member of Intel, Tan was CEO of Cadence Design Techniques — one other level of concern raised by Cotton.
The software program firm produces digital design automation (EDA) know-how, which is used to design chips. It agreed to plead responsible and pay $140 million final month for violating export controls by promoting the know-how to a Chinese language army college.
“Intel is required to be a responsible steward of American taxpayer dollars and to comply with applicable security regulations,” Cotton wrote, noting Intel’s almost $8 billion grant underneath the CHIPS and Science Act.
“Mr. Tan’s associations raise questions about Intel’s ability to fulfill these obligations,” he added.
Cotton requested Yeary what measures Intel has taken to deal with considerations about Cadence’s actions, which occurred throughout Tan’s tenure, and whether or not it has required him to divest from China-linked semiconductor companies or different “concerning entities.”
The Arkansas Republican additionally questioned whether or not Tan has disclosed his Chinese language investments and ties to the U.S. authorities given Intel’s involvement in a Pentagon program to construct chips for protection and intelligence wants.
The Hill has reached out to Intel for remark.
