Hanna0207
08-07

Wtf this is getting ridiculous. White House soap opera

Trump Calls for Intel CEO's Resignation Amid Conflict of Interest and National Security Concerns
Intel shares drop 3.8% in premarket trading following Trump's statement urging the CEO of Intel, Lip-Bu Tan, to resign immediately due to conflicts of interest and ties to Chinese firms, specifically investments in Chinese companies linked to the military. The CEO had invested over $200 million in Chinese advanced manufacturing and chip firms. In response, Lip-Bu Tan expressed full support for the President's commitment to advancing U.S. national and economic security and mentioned engaging with the administration to address the raised matters. The board is fully supportive of the company's transformation efforts. Intel has not yet responded to the request for comment.
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