Trump says that Intel CEO LIP-BU TAN has to step down immediately

In the center of the tensions with China, US President Donald Trump insisted on Thursday that Intel's CEO Lip-Bu Tan needed to step down and accused Tan of asserting conflicts of interest.

“The Intel CEO could be very conflict and has to step down immediately. There isn’t any other solution for this problem. Thank you in your attention for this problem!” Trump card wrote On his social media platform truth social.

Trump didn’t share any evidence or details about why TAN could have conflicts of interest.

“Intel, the board of directors and LIP-BU TAN, are deeply obliged to advertise the national and economic security interests of the US and economic security, and make considerable investments with the President's first agenda,” said Intel in an evidence. “Intel has been producing in America for 56 years. We proceed to take a position billions from dollars to domestic semiconductors and the production, including our recent factory in Arizona, which runs essentially the most advanced technology for the country's manufacturing process within the country, and are the one corporations that spend money on the logic process note development within the United States.

Trump's post comes after the Republican Senator Tom Cotton on Wednesday wrote To Intel's Board of Directors, who asked TAN's alleged relationships with China and his investments within the country and requested concerns about his time -consuming Cadence design systems that had a Chinese military university as a customer.

Tan, who took over the helm in March, focused on improving the efficiency of the chipmaker, which has lost the bottom within the AI chip race like Nvidia and AMD. Since then, Tan has released hundreds of employees, put plans for brand spanking new production facilities and tried to sell non-core subsidiaries to return the corporate to engineering.

Intel specifically was an integral a part of the Biden Administration Chip and promised almost 8 billion US ArizonaPresent New MexicoPresent OhioAnd Oregon.