Now that Lip-Bu Tan has regained President Donald Trump's support, should investors turn bullish on Intel stock?

Trump’s comments indicate a change of heart since last Thursday, when he called for Lip-Bu Tan to “resign immediately ” because he is “highly conflicted” via a post on Truth Social. Such conflicts of interest were outlined in a letter by Arkansas Senator Tom Cotton the day before, who alleged Tan “has deep ties to the Chinese Communists.”

President Donald Trump is reportedly set to meet with Intel CEO Lip-Bu Tan at the White House on Monday, days after he demanded the executive’s resignation for his business ties to China. The two may potentially discuss how the federal government and Intel can work together,