Trump calls for Intel CEO’s resignation

U.S. President Donald Trump has called for the resignation of Intel CEO Lip-Bu Tan, announcing his demand on Truth Social.

The controversy follows reports that Tan invested in a number of Chinese companies, including some tied to the country’s military sector. According to Reuters, between 2012 and 2024, Tan invested at least $200 million in firms developing semiconductor technologies.

Additionally, in July 2025, Cadence Design Systems, where Tan served as CEO before joining Intel, violated export control regulations by selling chips to China’s National University of Defense Technology. The sales reportedly took place under Tan’s leadership.

Tan has been leading Intel since March 2025, aiming to revitalize the company through major restructuring. But less than six months in, not only has he failed to deliver on that goal, he has also overseen further financial losses.