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Intel stock drops 3% after Trump demands its CEO 'resign immediately,' calling him 'highly conflicted'

Intel CEO Lip-Bu Tan is in the political crosshairs, with Trump calling for his resignation over his reported investment ties to the Chinese military.

Associated Press News on MSN · 19h

Intel’s stock tumbles after Trump says its CEO must resign

Intel’s shares slumped Thursday as President Donald Trump said in a social media post that the chipmaker’s CEO must resign immediately.

CBS News on MSN · 10h

Why is Trump calling on the CEO of Intel to resign?

Bu Tan to resign on Thursday, prompting a slide in the technology company's stock."The CEO of Intel is highly CONFLICTED and must resign, immediately," Mr. Trump posted on Truth Social, without providing additional details.

9hon MSN

Analysis-Trump call to oust Intel CEO Tan could sidetrack chipmaker's turnaround

By Arsheeya Bajwa (Reuters) -Intel CEO Lip-Bu Tan is already facing an uphill battle in turning around the ailing chipmaker.

1d

Intel Stock Drops After Trump Calls for CEO to Resign

President Trump called on the chief executive of Intel to resign, a day after Sen. Tom Cotton (R., Ark.) said he had raised ...

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