Donald Trump calls for Intel CEO to resign
17 days ago
- #Semiconductors
- #Intel
- #Politics
- President Donald Trump calls for Intel CEO Lip-Bu Tan's resignation over alleged conflicts of interest.
- Senator Tom Cotton questions Tan's ties to Chinese semiconductor companies with military links.
- Intel shares drop 3.8% in premarket trading following the controversy.
- Tan's appointment in March aimed to overhaul Intel with an 'engineering-first culture' and focus on the '14A' chipmaking process.
- Intel states commitment to U.S. national security amid the political firestorm.