Intel's Surprising Savior

Lip-Bu Tan is a prolific and longtime investor in China’s semiconductor industry. |  |   
---  
|  |  |   
---  
|   
---  
|   
---  
|   
---  
| 

#### Cover | March 21st, 2025  
  
---  
|   
---  
|  **Good afternoon.**  On Tuesday, Intel started its much anticipated new chapter when Lip-Bu Tan took the reins as chief executive.   
  
Industry analysts are optimistic about Tan's tenure; he is widely seen as one of the few people who can turn Intel into a reliable, world-class chipmaker — which the U.S. desperately wants. But Tan's background makes him a surprising savior for America's chip champion.   
  
As Noah Berman and Eliot Chen report this week, Tan is a longtime and prolific investor in China's chip industry, overseeing some 140 investments in Chinese chip companies since 1987.   
  
Read more about his connections to U.S.-sanctioned companies like SMIC and Shanghai Biren — and why many analysts still say he's the right man for Intel.   
---  
|  |  |  |  |  |   
---  
|  |   
---  
|  |   
---  
|   
---  
|   
---  
Intel CEO Lip-Bu Tan stands near Intel's “spark” cube outside the Robert Noyce Building at the company’s headquarters in Santa Clara, California, March 18, 2025. _Credit:  Intel Corporation_  
|  **Intel's Surprising Savior** The new leader of America’s chip champion is a prolific and longtime investor in China’s semiconductor industry. Noah Berman and Eliot Chen report.  
---  
|   
---  
|   
---  
|  Subscribe today for unlimited access.  
Starting at only $19 a month.   _Was this email forwarded to you?_  
Sign up to receive our free newsletter.   Click here to view this email in your browser.  
   
---  
|  Subscribe  
---  
|   
---  
|  |  |  |  |  |  |  |   
---  
|  |   
---  
|  |   
---  
|   
---  
|   
---  
|  Want to change how you receive these emails?  
You can unsubscribe from this list.  
  
The Wire  
153 West 27th Street, Suite 1202  
New York, NY 10001   
---  
|  © 2025 The Wire  
---  
  
  
  
  
  
  
|  This email was sent to stephen.shu.zhang@gmail.com   
_why did I get this?_    unsubscribe from this list    update subscription preferences   
The Wire China * 153 West 27th Street * Suite 1202 * New York, New York 10001 * USA   
  
  
---  
  
͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏