Shares of Intel took a hit last week following Trump's comments on the tech CEO, which were prompted by a letter sent by Sen. Tom Cotton (R-AR) to Intel Chairman Frank Yeary

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.”

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