President Trump said he met with Intel CEO Lip-Bu Tan on Monday, days after seeking his resignation, praising Tan and calling the meeting “a very interesting one.”

Shares of the chipmaker rose 3% in extended trading.

Last week, Trump had demanded the immediate resignation of Tan, calling him “highly conflicted” over his ties to Chinese firms, injecting uncertainty into the chipmaker’s years-long turnaround effort.

President Trump last week demanded Intel CEO Lip-Bu Tan’s immediate resignation over ties to Chinese firms, injecting uncertainty into the chipmaker’s years-long turnaround effort. AP

Trump said he met with Tan, along with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent. His cabinet members and Tan were going to bring suggestions to him next week

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