Trump Demands Intel CEO’s Resignation
• US President Donald Trump demands immediate resignation of Intel CEO Lip-Bu Tan due to conflicting ties with Chinese firms.
• Trump’s post on his Truth Social platform criticized Intel’s plans to turn around the struggling American chip icon.
• Shares of Intel dropped around 2% in early U.S. trading.
• Change in Intel leadership could pressure the company, a key player in U.S. efforts to boost domestic chip-making.