Trump Calls Intel CEO Tan Resignation Over China Ties, Tan Denies Misinformation

US President Donald Trump has publicly called for the immediate resignation of Intel CEO Lip-Bu Tan, labeling him as "highly conflicted" due to his past business ties and investments in Chinese semiconductor companies, some allegedly linked to the Chinese military. This call follows a letter from Republican Senator Tom Cotton to Intel's board chairman, raising national security concerns and questioning whether Intel conducted sufficient background checks before Tan's appointment, especially given Intel's involvement in sensitive US government defense programs. Tan has strongly denied the allegations, calling them "misinformation" and asserting he has always operated within legal and ethical standards throughout his 40-year career, emphasizing his commitment to US national security and stating that he has the full support of Intel's board. The controversy has caused market turbulence, with Intel shares dropping following Trump's statements. Meanwhile, CNBC host Jim Cramer acknowledged Trump's call as "incredibly salient" for Intel's future, highlighting Tan's significant influence in the semiconductor industry despite the ongoing scrutiny. Intel has yet to issue a formal public response to these allegations and demands, but the increased political pressure signals a critical moment for the company's leadership amid broader US-China tech tensions.