Trump called on Intel CEO Lip-Boo Tan to resign immediately

US President Donald Trump has called on Intel CEO Lip-Boo Tan to resign immediately. He posted the corresponding statement on his social network Truth Social on Thursday, August 7.

"Intel's CEO is in a state of deep conflict and must resign immediately. There is no other solution to this problem. Thank you for your attention to this issue," Trump wrote.

Lip-Bu Tan has been investing in Chinese companies for decades through the Walden International venture fund he founded in 1987, as well as through related structures Sakarya Limited and Seine Limited, registered in Hong Kong."Газета.Ru ".

The tension was also caused by the admission of Cadence Design Systems, previously headed by Tan— in violation of US export laws. According to Bloomberg, in July, the company confirmed that it had supplied products to the National University of Defense Technology of China, which is under sanctions.

Lip-Boo Tan took over Intel in March 2025, replacing Pat Gelsinger, who left after a series of setbacks and record financial losses for the company. The new director immediately initiated a large-scale restructuring aimed at restoring Intel's position in the face of fierce competition with TSMC, Samsung and Nvidia.

The news is being updated