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.

Bu Tan met with President Trump, who had called for Tan's resignation last week. After the meeting, Trump posted to Truth Social saying that he had met with Tan along with Secretary of Commerce Howard Lutnick and Secretary of the Treasury Scott Bessent.

Shares of Intel surged following a report CEO Lip-Bu Tan will visit the White House after President Trump called for his resignation last week.