Trump Calls for Intel CEO Resignation Over China Ties, Shares Drop

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Source: CBS News
Trump Calls for Intel CEO Resignation Over China Ties, Shares Drop
Photo: CBS News
TL;DR Summary

President Trump called for Intel CEO Lip-Bu Tan to resign, citing conflicts of interest related to his investments in Chinese companies with alleged ties to the Chinese military, leading to a drop in Intel's stock price. The call follows concerns raised by Senator Tom Cotton about Tan's business connections and past activities at Cadence Design Systems.

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