US EditionTrump Demands Immediate Resignation of Intel CEO Lip-Bu Tan Over China Ties
UNITED STATES, AUG 8 – Trump demands Intel CEO Lip-Bu Tan resign, citing conflicts over investments in Chinese firms linked to the military; Intel received nearly $8 billion in U.S. subsidies, stock fell over 3%.
- President Donald Trump called for the immediate resignation of Intel CEO Lip-Bu Tan on August 7, 2025, citing conflicts of interest related to China ties.
- Trump's demand came after Republican Senator Tom Cotton raised questions in a letter to Intel's board about Tan's financial connections to Chinese companies and a recent legal matter linked to his previous role at Cadence Design.
- Tan has invested more than $200 million in Chinese semiconductor and manufacturing firms, some with ties to the Chinese military, while Intel received close to $8 billion in U.S. government subsidies last year to establish new semiconductor fabrication plants across Ohio and additional locations.
- Trump described Tan as “highly conflicted” and stated, “There is no other solution to this problem,” while Intel stock fell nearly 3 percent amid investor debate over leadership and security risks.
- The calls for Tan’s removal highlight national security concerns and could increase pressure on Intel as it faces manufacturing delays and challenges in regaining market share.
443 Articles
443 Articles
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