President Donald Trump on Thursday demanded the resignation of Intel CEO Lip-Bu Tan following reports and allegations that he has ties to China.
“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!” Trump posted on Truth Social.
The call comes just days after Arkansas Republican Sen. Tom Cotton raised concerns and pressed the chair of Intel’s board over the CEO’s alleged connections to China, questioning the integrity of the company and its impact on US national security.
In a letter earlier this week to Intel board Chair Frank Yeary, Cotton pointed to recent reporting on Tan’s Chinese investments. Reuters in April reported that Tan has personally and through various venture funds invested in hundreds of Chinese companies, some of which have ties to the country’s military.
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Thursday’s Truth Social post comes after Trump has criticized Intel in the past. On Wednesday, as Trump and Apple CEO Tim Cook announced the iPhone maker would invest another $100 billion in its US operations, the president took a shot at Intel.
https://www.cnn.com/2025/08/07/business/intel-ceo-resign-trump
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