Explained: Why President Trump wants Intel CEO Lip-Bu Tan to step down
CHENNAI: President Trump has called for the resignation of Intel CEO Lip-Bu Tan, citing allegations of conflicts of interest. The criticism focuses on Tan’s investment and management ties to several Chinese companies, some reportedly linked to Chinese military contractors.
Intel, the US technology giant and the world’s largest maker of computer processors and semiconductor chips, has received substantial subsidies under the US CHIPS Act to expand domestic manufacturing.
