US President Donald Trump has demanded the resignation of Intel CEO Lip-Bu Tan following reports of his ties to China. Tan took over the chipmaker in March as the company struggled to recover from falling sales.
In a post on Truth Social on Thursday, Trump called Tan “conflicted” and said he must step down.
”The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem,” he wrote, without elaborating.
Trump’s demand followed a letter on Wednesday from Republican Senator Tom Cotton to Intel board chair Frank Yeary, who raised concerns about Tan’s alleged ties to Beijing. Cotton questioned Tan’s…
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