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Trump calls on Intel CEO to resign

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US President Donald Trump called for the immediate resignation of Intel‘s new CEO, Lip-Bu Tan, saying he was “highly conflicted” after questions arose about his ties to Chinese firms and sparking doubts over the future of the American chip-making icon.

“There is no other solution to this problem,” Trump said in a post on his Truth Social platform, knocking shares of Intel down nearly 5% in premarket trading.

The move comes a day after Reuters reported US Republican Senator Tom Cotton sent a letter to Intel’s board chair with questions about Tan’s ties…

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