Intel Corporation CEO Lip-Bu Tan has responded to President Donald Trump’s call for his resignation, stating he has always operated within the highest legal and ethical standards. Trump had made a post on Truth Social platform, claiming that Tan should resign due to potential conflicts of interest with Chinese semiconductor firms linked to the Communist Party and People’s Liberation Army.
However, Intel maintained its commitment to advancing US national and economic security interests, stating it is making significant investments aligned with the President’s America First agenda. Tan also shared a statement with employees, addressing misinformation about his past roles and reaffirming his adherence to proper standards.
Intel’s stock rose slightly in premarket trading following the statement. The company is engaging with the Trump administration to address raised matters and ensure they have accurate information.
Source: https://abcnews.go.com/Business/wireStory/intel-ceo-responds-after-trump-calls-resignation-124478434