Intel Stock Rises After Trump Praises Meeting with CEO Lip-Bu Tan
Intel stock saw a sharp rise on Tuesday. It jumped more than 3% in premarket trading. This came after CEO Lip-Bu Tan met with President Trump.
Trump had called for Tan’s resignation last week. That call happened on Thursday. It followed concerns from Republican Senator Tom Cotton about Tan’s investments in Chinese businesses.
Tan became Intel’s CEO in March. His predecessor left last year. Tan brings over 40 years of experience and denied false claims about his past.
Why Intel Stock Rose
Investors reacted well to the meeting. Trump praised it and said suggestions would come next week. This news boosted confidence in the stock market.
Intel stock had dropped 60% in 2024. But it rose 3.5% on Monday. So far in 2025, it has gained nearly 4%.
The rise shows hope for Intel’s future. Tan’s talk with Trump eased some worries. People in the stock market watch such events closely.
Background on CEO Lip-Bu Tan
Lip-Bu Tan has a long career in tech. He joined Intel after the old CEO was ousted. His appointment first lifted Intel stock by up to 15%.
Tan denied misinformation about his roles. He stressed his deep industry knowledge. This helped calm the stock market response.
Concerns came from his Chinese business ties. Senator Cotton raised them. Trump echoed that in his call for resignation.
How Intel Compares in the Stock Market
Intel lags behind rivals in the stock market. Nvidia has added about 36% in 2025. Advanced Micro Devices gained around 47%.
Intel’s recent gains are small by comparison. The 60% drop last year hurt its position. Yet, the Trump meeting sparked new interest.
Here is a quick look at stock changes:
Impact of the Meeting
The meeting changed the mood around Intel stock. Trump said Tan and his team would offer ideas soon. This could shape policy and help the company.
Investors see this as a positive sign. Premarket jumps often lead to full-day gains. The stock market responds fast to news like this.
Tan stood firm on his experience. He called out false stories. This defense may steady Intel further.
Key Factors
Several things drive Intel prices. Leadership plays a big role. Tan’s meeting highlights that.
Policy suggestions could boost the company. Trump mentioned them for next week. This keeps focus on Intel in the stock market.
Competition remains tough. Intel must innovate to compete. Its recent gains are a start.
- Strong leadership builds trust.
- Political support lifts prices.
- Innovation beats rivals.
- Market news spreads fast.
Disclaimer:
This is for informational purposes only and does not constitute financial advice. Always do your research.