The CEO of Intel, Lip-Bu Tan, is under serious pressure from government administrators and watchdogs over alleged ties to Chinese technology firms, and his recent leadership of a US company that was fined for selling chip design software to firms linked to the Chinese military.

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.”