Deal scrutiny era: Intel CEO Lip-Bu Tan under fire; Stakes in 600+ Chinese firms may haunt him

Intel CEO Lip-Bu Tan faced scrutiny over his investments. Details emerged about Intel’s failed bid for AI chip startup Rivos, where Tan was both CEO and chairman. Tan pitched the board to buy Rivos, but they cited a conflict of interest. Meta eventually acquired Rivos for $4 billion. Tan’s firm called the outcome successful for investors.

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