Trump calls for Intel boss to resign immediately, alleging China ties
AUG 8 - President Donald Trump has called on the head of US chipmaker Intel to resign "immediately", accusing him of having problematic ties to China. In Kenya breaking news | Kenya news today |..
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President Donald Trump has publicly demanded the immediate resignation of Intel CEO Lip-Bu Tan, citing alleged problematic ties to China and concerns over national security. This unusual move comes as Intel, a recipient of billions in US government funds for semiconductor manufacturing, faces scrutiny over its leadership amidst efforts to boost domestic chip production.
- Trump accused CEO Lip-Bu Tan of being “highly conflicted” due to alleged investments in companies tied to the Chinese military.
- Intel stated its deep commitment to advancing US national and economic security interests, emphasizing investments aligning with Trump’s “America First agenda.”
- Shares in Intel fell more than 3% following the attack, highlighting the immediate financial impact of Trump’s criticism.
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