{"id":68288,"date":"2025-08-08T19:23:09","date_gmt":"2025-08-08T19:23:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/68288\/"},"modified":"2025-08-08T19:23:09","modified_gmt":"2025-08-08T19:23:09","slug":"intel-ceo-responds-after-trump-calls-for-his-resignation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/68288\/","title":{"rendered":"Intel CEO responds after Trump calls for his resignation"},"content":{"rendered":"<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">Intel CEO Lip-Bu Tan says he&#8217;s \u201calways operated within the highest legal and ethical standards\u201d after President Donald Trump <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/intel-trump-cotton-yeary-tan-206152398b39bf92ebe6391add109388\" rel=\"nofollow noopener\" target=\"_blank\">said he should resign<\/a>.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">On Thursday Trump said on Truth Social platform that, \u201cThe 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!\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Trump&#8217;s post landed after Sen. Tom Cotton sent a letter to Intel Chairman Frank Yeary expressing concern over Tan\u2019s investments and ties to semiconductor firms that are reportedly linked to the Chinese Communist Party and the People\u2019s Liberation Army, and asked the board whether Tan had divested his interests in these companies to eliminate any conflicts of interest. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">It was not immediately clear on Thursday if Tan, who <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/apnews.com\/article\/intel-new-ceo-lipbu-tan-chips-efcf8ab220b5927783924dd316cb4575\" rel=\"nofollow noopener\" target=\"_blank\">took over as Intel\u2019s CEO in March,<\/a> had divested his interests in the companies.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The economic and political rivalry between the U.S. and China are increasingly focused on computer chips, AI and other digital technologies that are expected to shape future economies and military conflicts.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Intel said in a statement that it\u2019s \u201cdeeply committed to advancing U.S. national and economic security interests and are making significant investments aligned with the President\u2019s America First agenda.\u201d<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Tan also addressed the situation, saying in a message to employees that there was misinformation circulating about his past roles at Walden International and Cadence Design Systems and that he&#8217;s always followed proper standards.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Tan also said Intel was in contact with the Trump administration.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">\u201cWe are engaging with the Administration to address the matters that have been raised and ensure they have the facts,\u201d Tan said. \u201cI fully share the President\u2019s commitment to advancing U.S. national and economic security, I appreciate his leadership to advance these priorities, and I\u2019m proud to lead a company that is so central to these goals.\u201d.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The company&#8217;s stock rose slightly in premarket trading on Friday. <\/p>\n","protected":false},"excerpt":{"rendered":"Intel CEO Lip-Bu Tan says he&#8217;s \u201calways operated within the highest legal and ethical standards\u201d after President Donald&hellip;\n","protected":false},"author":2,"featured_media":68289,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[49709,966,28,3654,11382,49708,111],"class_list":{"0":"post-68288","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-49709","9":"tag-article","10":"tag-business","11":"tag-corporate-management","12":"tag-information-technology","13":"tag-misinformation","14":"tag-politics"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/68288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=68288"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/68288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/68289"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=68288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=68288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=68288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}