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Trump demands Intel CEO resignation
The Street
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7 weeks ago
He called out Lip-Bu Tan on his Truth Social platform.
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Sports
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00:00
President Donald Trump has called for the immediate resignation of Intel CEO Lit Bu Tan.
00:05
In a post on his Truth Social platform, the president said the CEO of Intel is highly
00:09
conflicted and must resign immediately. There is no other solution to this problem. Thank you for
00:14
your attention to this problem. Trump's post stems from Tan's involvement with several Chinese
00:18
companies, as well as a past criminal case involving a company Tan previously helmed.
00:23
And according to a Reuters report, Tan has invested in companies linked to China's military.
00:27
Senator Tom Cotton wrote to Intel saying Tan's ties to these companies call into question the
00:32
company's security and integrity of Intel's operations and its potential impact on U.S.
00:37
national security. The news also comes as Trump says he will impose a 100 percent tariff on chips
00:42
made outside of the U.S. Intel has not yet responded to Trump's request. That'll do it for your daily
00:47
briefing. From New York City, I'm Kelsey Barbario with The Street.
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