Cotton apparently expressed concerns aout the "security and integrity of Intel's operations" due to Tan's ties with China. Tan was named the CEO of Intel in March, taking over a company that was losing money due to its foundry business being unable to secure big customers and lagging behind rivals like Taiwan Semiconductor.

Just days after calling for the resignation of Intel chief, Lip-Bu Tan, over his ties to China, Mr. Trump changed his tune.

President Trump said Monday afternoon that he had met with Intel CEO Lip-Bu Tan, after he had abruptly called for Tan’s immediate removal last week over ties to Chinese businesses. “I met with Mr. Lip-Bu Tan,