00:00Intel Corp CEO Lit Bu Tan said he's got the full backing of the company's board,
00:05responding for the first time to U.S. President Donald Trump's call for his resignation over
00:10conflicts of interest. Tan has reached out to the White House to clear up what he called
00:15misinformation about his track record, he said in a letter to staff posted on Intel's website,
00:21according to Bloomberg. He said he fully shares the president's commitment to advancing U.S.
00:26national and economic security, adding that the company is engaging with the administration
00:30to address the matters that have been raised and ensure they have the facts.
00:35On Thursday, Trump posted a call on Truth Social for Tan to resign over what he called
00:40conflict of interest, injecting fresh turmoil at a company already struggling to stem losses
00:46and eke out relevance in the artificial intelligence age. The post came after Republican Senator Tom
00:52Cotton asked the chairman of Intel's board this week to answer questions about Tan's ties
00:57to China, including investments in the country's semiconductor companies and others with connections
01:03to its military.
01:04Dhanesh Rajarizha, FMT.
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