Trump Calls for Intel CEO Resignation Over China Ties, Shares Drop
TL;DR
President Trump called for Intel CEO Lip-Bu Tan to resign, citing conflicts of interest related to his investments in Chinese companies with alleged ties to the Chinese military, leading to a drop in Intel's stock price. The call follows concerns raised by Senator Tom Cotton about Tan's business connections and past activities at Cadence Design Systems.
- Trump says CEO of Intel must resign, calling him "highly conflicted" CBS News
- Intel shares drop after Trump calls for CEO to resign immediately CNBC
- Trump demands resignation of Intel CEO over China ties NBC News
- Trump says Intel’s CEO must resign, sending its stock tumbling PBS
- Exclusive: US lawmaker questions Intel CEO's ties to China in letter to company board chair Reuters
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