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.”

Intel CEO Lip-Bu Tan is set to meet with President Donald Trump on Monday, according to The Wall Street Journal. There is a lot riding on the encounter, where not only the CEO’s personal future but that of Intel in the semiconductor industry could be at stake.