Trump’s comments indicate a change of heart since last Thursday, when he called for Lip-Bu Tan to “resign immediately ” because he is “highly conflicted” via a post on Truth Social. Such conflicts of interest were outlined in a letter by Arkansas Senator Tom Cotton the day before, who alleged Tan “has deep ties to the Chinese Communists.”

Intel (NASDAQ:INTC) popped about 5% by midday after reports said CEO Lip-Bu Tan will meet President Donald Trump today, easing some nerves after Trump questioned his role over China ties. The visit is expected to cover Tan's background and Intel's path forward,

President Donald Trump accused Intel CEO Lip-Bu Tan of being compromised to China but changed his tune days after demanding Tan's resignation.