Trump Calls for Intel CEO's Resignation Over Alleged Conflicts

President Donald Trump has demanded the immediate resignation of Intel CEO Lip-Bu Tan, accusing him of being "highly conflicted." Trump made the call on his Truth Social platform without providing specific details, though concerns about Tan's ties to China have been raised. Republican Senator Tom Cotton recently wrote to Intel's board expressing worries about the company's security and integrity, citing Tan's investments in Chinese tech firms, including Semiconductor Manufacturing International Corp. Tan, who became Intel's CEO in March, previously led Cadence Design Systems, which admitted to violating US export controls by selling chip design tools to a Chinese university linked to the military. Intel, the sole US-based advanced semiconductor producer, has struggled to keep pace with rivals like Taiwan Semiconductor Manufacturing Company (TSMC) despite receiving significant government support. Cotton's letter highlighted concerns about Intel's ability to manage taxpayer funds and adhere to security regulations. Intel, currently undergoing cost-cutting measures, faces potential challenges in developing next-generation manufacturing technology without a major customer. The company's shares dropped 3% in pre-market trading following Trump's announcement, with no immediate response from Intel or the White House. This situation underscores ongoing debates about balancing technological leadership with national security, as Intel's role in maintaining US semiconductor dominance remains critical.

Published: 8/7/2025