Trump Demands Resignation of Intel CEO Over China Ties

TDT | Manama

Email : editor@newsofbahrain.com

President Donald Trump has publicly called for the resignation of Intel's newly appointed CEO, Lip-Bu Tan, citing concerns over what he described as "serious conflicts of interest" tied to Tan’s investments in Chinese companies.

“There is no other solution to this problem,” Trump wrote in a post on his social media platform, Truth Social, asserting that Tan’s business relationships make his role at the U.S. tech giant untenable.

The comments come in the wake of an earlier Reuters investigation, which revealed that Tan — either personally or through venture capital firms he controls — has poured at least $200 million into Chinese semiconductor and advanced manufacturing companies between 2012 and 2024. Some of those firms reportedly have links to China’s military sector.

Following Trump’s remarks, Intel shares dropped 3.8% on Thursday, extending losses seen in premarket trading.

Intel has yet to respond to media requests for comment on the matter.

Tan, a prominent Silicon Valley investor, assumed the role of CEO earlier this year. His extensive investment history in China has raised alarms among some U.S. policymakers amid growing scrutiny over American corporate ties with strategic sectors in China.

The controversy marks another flashpoint in ongoing tensions between Washington and Beijing over technology, national security, and supply chain independence.