Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for his ouster over ties to China, according to a new report.

Masayoshi Son's investment company boasts the company's commitment to developing US manufacturing technology and leading the way in manufacturing.'

Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer chip maker. The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10% in Intel by converting government grants into shares.

The White House is considering taking a 10% stake in chipmaker Intel per reports as talks with the company and Trump's team advance.