Now that Lip-Bu Tan has regained President Donald Trump's support, should investors turn bullish on Intel stock?

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 CEO Lip-Bu Tan is back in U.S. President Donald Trump's good graces after a 'very interesting' joint meeting between the two, along with Secretary of Commerce, Howard Lutnick, and Secretary of the Treasury,