Hasty Briefsbeta

Trump calls on Intel CEO to resign

17 days ago
  • #National Security
  • #Intel
  • #China
  • President Donald Trump demanded the immediate resignation of Intel CEO Lip-Bu Tan over alleged ties to China.
  • Senator Tom Cotton raised concerns about Tan's connections to China, questioning Intel's integrity and impact on US national security.
  • Reports indicate Tan has invested in hundreds of Chinese companies, some with military ties, via personal and venture fund investments.
  • Intel's stock (INTC) dropped nearly 5% in premarket trading following the controversy.
  • Intel and Tan have not yet responded to requests for comment.