Trump Calls Intel CEO Resignation Over China Ties

U.S. President Donald Trump has publicly demanded the immediate resignation of Intel's CEO, Lip-Bu Tan, citing conflicts of interest due to Tan's extensive investments in Chinese tech and semiconductor firms, some reportedly linked to the Chinese military. This call followed concerns raised by Republican Senator Tom Cotton, who questioned whether Tan had divested from these interests to avoid national security risks. Tan, appointed CEO in March 2025, has been involved in venture capital investments in China through Walden International, including stakes in companies tied to the Chinese People’s Liberation Army and state-owned enterprises. Intel has stated its and Tan's commitment to U.S. national security and plans to respond directly to Cotton's inquiries, while the company faces competitive pressures and a workforce reduction. Trump's demand, unusual for a sitting president, led to a nearly 3% drop in Intel's share price and reflects broader U.S.-China tensions over technology leadership and security. The White House affirmed Trump's commitment to safeguarding America’s economic and national security by ensuring trusted leadership in critical industries.