• The veteran in the Silicon Valley and the New Intel CEO lip-this Tan Hundreds of millions of dollars have invested in Chinese companies, Reuters said. Some Chinese companies supported by Tan have links to the Chinese army. Tan has invested in hundreds of Chinese companies through Walden International and Holding Companies and Sakaytra.

The new CEO of Intel has invested at least $ 200 million in Chinese companies between 2012 and 2024, including at least eight linked to the People’s Liberation Army, according to Reuters a report.

Tan leads a company that has a contract worth $ 3 billion with the Ministry of Defense to manufacture chips, along with two other DOD contracts. His previous investments raised concerns amid the relations of the United States of China.

“The simple fact is that Mr. Tan is not qualified to work as the head of any company competing against China, not to mention one with actual intelligence repercussions and national security such as Intel and its huge old relationship with all areas of American intelligence and the ecosystem for defense,” said Andrew King, Bastille Ventures Reserves..

Intel is no longer wealth Request to comment. But a spokesperson for Tan told Reuters that he had completed a questionnaire that required the disclosure of any possible conflict of interests.

During the first few months of the Trump administration, President Donald Trump and Chinese President Xi Jinping exchanged in the form of customs tariffs: American definitions on China are now 145 %, while Chinese definitions on the United States are currently 125 %.

Intel is the only US -based manufacturer for the most advanced computer potato. And Tan is one of the most investors in the Silicon Valley in Chinese technology.

It was also considered the choice of Goldilocks Reviving the companyAnd he initially chanted by investors when he was called as a new CEO of Intel.

While the Intel made by a person investing in Chinese companies may ring the alarm bells for some, Elon Musk has his hands in both technology and government Timing CEO and advisor to President Donald Trump. In fact, Tesla has its largest factory in China, who is responsible for producing half of the company’s cars worldwide.

“Of course, there may be some concerns related to national security here, but it does not seem to bother the United States that Elon Musk, the main player in the current administration, has a great investment in China,” said Professor of Law College at Santa Clara Stephen Diamond. luck.

For his part, Tan has investments through Walden International, a capital company in San Francisco, which he founded in the 1980s, along with Sakarya Limited and Seine Limited, Hong Kong.

Between March 2012 and December 2024, Tan was injected with $ 200 million to hundreds of Chinese manufacturing companies and chips, some of which were contractors and suppliers of the People’s Liberation Army, according to Reuters.

Tan also controls more than 40 Chinese companies and boxes while keeping the minority share in more than 600 others. In many cases, its minority ownership comes in addition to the risks that the Chinese government entities maintain, eight of which are linked to the Beijing Army, according to Reuters.

Meanwhile, Walden International is currently working as a joint owner in 20 investment funds and companies with Chinese government funds or state -owned institutions, according to Chinese companies’ records.

Waldin also invested jointly in six Chinese technical companies alongside the Chinese military resource China Electronics CEC. During his first administration, Trump signed Executive order In 2020, any purchase or investment in “Chinese military companies” was banned with CEC in the list.

according to last Reuters The report, Walden and CEC have a 2 % shared share in Intellifusion for the observation company, which is listed on The black list of the US Department of Commerce in 2020 Because of the alleged human rights violations in Xinjiang.

He did not respond to the international debt on luckRequest to comment. A source whose name has not been revealed stated with the knowledge of Reuters This Tan had hit his positions in entities from China, but the port was unable to confirm this claim.

“In this political climate, (China) will be something that the responsible business leadership of a company like Intel is at least a serious conversation on how to try and manage,” Diaond told Reuters. “It is clearly sensitive to a political, and the council certainly wants to know that.”

The list of entities of the Ministry of Commerce prevents American companies from exporting sensitive technologies for Chinese companies, but they do not prevent investment.

The Pentagon prohibits the companies associated with the Chinese army of the US military supply chain. But unless a company is added to the list of China -Chinese industrial sophisticated companies in the United States, it is legal for American citizens to carry stakes in Chinese companies, even those who have relationships with the Chinese army.

There is no evidence that Tan is currently investing in companies in the US Treasury List, according to Reuters.

Diaond said: “The only point in which the issue of corporate governance may rise is if Tan finds himself on both sides of the deal, as Intel may negotiate with a company where he is a manager or shareholder,” Diaond said.

This story was originally shown on Fortune.com

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2025-04-12 08:02:00