Trump Calls for Intel CEO's Resignation Over Alleged China Ties

Aug 08, 2025
PBS News
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Summary

President Trump calls for the resignation of Intel CEO Lip-Bu Tan, citing alleged conflicts of interest due to Tan's ties to Chinese firms, causing Intel's stock to plummet amid Senator Cotton's concerns over Tan's investments linked to China's military.

Key Points

  • Trump demands Intel's CEO Lip-Bu Tan resigns immediately over alleged conflicts of interest
  • Intel's stock tumbles after Trump's social media post criticizing Tan's ties to Chinese firms
  • Senator Tom Cotton raises concerns over Tan's investments in companies linked to China's military

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