Intel stocks down after Trump calls on CEO immediately to retire

Intel Lip-Bu Tan CEO speaks at the annual company conference in San Jose, California, USA on April 29, 2025.

Laure andillon | Reuters

Intel The actions were under pressure on Thursday after President Donald Trump called on the CEO of the manufacturers to resign.

In the truth of the social fasting, Trump said that the Intel Lip-Bu Tan Executive Director “is very controversial and must resign immediately. There is no other solution.” Intel dropped to the pre -back on the back of this post, the last bidding is 5% below.

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Tan was named Intel CEO in March. This week, US Republican Senator Tom Kotton questioned his relations with Chinese companies and referred to a past criminal case involving the cadence design, where Tan was the CEO of 2021, Reuters reports.

Cotton wrote on the Intel chair “To express concern about the safety and integrity of the Intel activity and its potential impact on the US national security,” Reuters said.

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