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2%  
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  • Trump demands 'highly conflicted' Intel CEO resign over China ties

    08/07/2025 3:09:18 PM PDT · by E. Pluribus Unum · 9 replies
    Reuters ^ | August 7, 20254:55 PM CDT | Aditya Soni
    Summary Trump says CEO of Intel is highly "conflicted" and must resign Trump's demand marks rare presidential intervention in corporate leadership Reuters in April exclusively reported on Tan's Chinese investments Intel shares close down 3% Aug 7 (Reuters) - U.S. President Donald Trump on Thursday demanded the immediate resignation of new Intel CEO Lip-Bu Tan, calling him "highly conflicted" due to his ties to Chinese firms and raising doubts about plans to turn around the struggling American chip icon.Reuters reported exclusively in April that Tan invested at least $200 million in hundreds of Chinese advanced manufacturing and chip firms, some...