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Donald Trump Issues Ultimatum To Intel CEO: 'Resign, Immediately'

Donald Trump Issues Ultimatum To Intel CEO: 'Resign, Immediately'

Newsweek3 days ago
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources.
Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
President Donald Trump has called on the new CEO of the technology company Intel to resign immediately.
Writing on Truth Social on Thursday, Trump said that Lip-Bu Tan was "highly conflicted."
"The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem," he said.
President Donald Trump speaking in the Oval Office at the White House in Washington D.C. on Wednesday.
President Donald Trump speaking in the Oval Office at the White House in Washington D.C. on Wednesday.
AP Photo/Alex Brandon
Why It Matters
Trump's intervention comes amid increased political concern over Tan's appointment as CEO in March.
Arkansas Republican Senator Tom Cotton questioned Tan's ties to Chinese companies and the Chinese military on Tuesday.
In a letter to Intel's chair Frank Yeary, he expressed "concern about the security and integrity of Intel's operations and its potential impact on U.S. national security."
"Mr. Tan reportedly controls dozens of Chinese companies and has a stake in hundreds of Chinese advanced-manufacturing and chip firms. At least eight of these companies reportedly have ties to the Chinese People's Liberation Army," he wrote in his letter, posted on X.
An Intel spokesperson said in a statement on Wednesday that "Intel and Tan are deeply committed to the national security of the U.S. and the integrity of our role in the U.S. defense ecosystem."
This is a developing story. More to follow.
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You can reach her at Sign up for the Mind Your Money newsletter Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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