Posted on 12/10/2025 7:06:56 PM PST by anthropocene_x
When the chairman of AI chip startup Rivos wanted Intel to bid for the company, he had no need to phone the chip giant. That’s because the chairman of Rivos was also Intel’s CEO: Lip-Bu Tan.
Reuters was unable to determine how much the Intel CEO profited personally as a Rivos shareholder because the financials are not public. But in a blog post on its website, Tan’s venture-capital firm, Walden Catalyst, touted how he had delivered a “successful outcome” for its investors and congratulated the Rivos team for their “remarkable achievement.”
The events show one of at least three instances where Intel has pursued deals that benefit Tan financially either by exploring bids for startups or investing in them directly through Intel’s investment arm, Intel Capital,
Tan’s dealmaking comes as the administration of President Donald Trump agreed to make an $8.9 billion investment for what would be the largest ownership stake in the chipmaker, designating it as strategic to the U.S. and effectively making its citizens shareholders.
Soon after his appointment as CEO, Tan took direct control of Intel’s investment arm, Intel Capital, reversing a plan to spin it off. Instead, he reorganized the company so that Intel Capital would report to him, according to two of the sources, for reasons Intel has not disclosed. Its investment committee would be composed solely of Tan and one of his direct reports, finance chief Zinsner.
Since then, Intel Capital has invested in several companies in which Tan has a stake through his investment vehicles or venture capital firms.
(Excerpt) Read more at reuters.com ...
Trump probably knew this, and used the information to leverage a better deal for the taxpayers
Intel CEO Lip-Bu Tan took direct control of Intel’s investment arm, Intel Capital,
<><>he reversed a plan to spin it off.
<><>he reorganized so that Intel Capital would report to him,
<><>the investment committee is composed solely of Tan and finance chief Zinsner.
<><>Intel Capital has invested in several companies in which Tan has a stake
<><>Tan uses investment vehicles and venture capital firms.
<><>how much Tan profited personally is unknown; financials are not public.
<><>But Walden Catalyst touted he had delivered a “successful outcome” for investors.
He is the wrong person to be running Intel.
I have no doubt he is compromised by the communists.
Not just stakes in 6oo-plus Chinese companies, Intel CEO Lip-Bu Tan may have more multi-billion dollar deals to haunt him
https://timesofindia.indiatimes.com/technology/tech-news/not-just-stakes-in-600-plus-chinese-companies-intel-ceo-lip-bu-tan-may-have-more-multi-billion-dollar-deals-to-haunt-him/articleshow/125905854.cms
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