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President tells 'conflicted' Intel boss to resign
The Guardian
|August 08, 2025
Donald Trump yesterday called on Intel's chief executive to resign, alleging Lip-Bu Tan had ties to the Chinese Communist party, sending the stock of the US chipmaker falling.
"The CEO of Intel is highly CONFLICTED and must resign, immediately," Trump posted on Truth Social about Tan. "There is no other solution to this problem. Thank you for your attention to this problem!"
Shares in Intel dropped more than 3% in early trading. The company did not immediately respond to a request for comment on Trump's post.
The president's comments came a day after he threatened a 100% tariff on imported semiconductors and chips, which could favour Intel as a US-based semiconductor firm.
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