Tag

Chinese Ties

All articles tagged with #chinese ties

business5 months ago

Trump Demands Intel CEO Resignation Amid Stock Drop and China Ties Scrutiny

Shares of Intel fell after President Trump called for CEO Lip-Bu Tan's resignation, citing conflicts of interest related to Chinese investments and ties to the Chinese military, amid ongoing U.S.-China tech rivalry and concerns over national security. The controversy highlights tensions over semiconductor industry leadership and security issues, as Intel struggles to adapt to technological shifts and competition.

technology5 months ago

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

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.