Donald Trump and Lip-Bow Tan
US President Donald Trump is currently the subject of discussion all over the world. However, the reasons behind the discussion are his decisions. Now once again he has targeted the legendary businessman. Amid the tariff controversy, President Donald Trump Intel’s CEO Lip-Bow Tan has been washed and fell behind. He has demanded immediate resignation of Tan. Along with this, Trump has also made many serious allegations against Tan.
China is being told the reason for this dispute between US President Trump and Ten. This is because Trump has targeted him about the old business partner. Following this statement by Trump, Intel’s stock has also seen a huge decline, which has become a new challenge for the company.
What is the whole matter?
Reuters stated in April that Intel’s CEO Tan has invested at least $ 200 million in hundreds of Chinese chip companies, some of which were associated with the Chinese army. After this revelation, US President Donald Trump on Thursday demanded the immediate resignation of the new Intel CEO Lip-Bow Tan. Along with this, he has described him as “extremely disputed” due to their relations with Chinese companies. Trump’s comment came a day after the Reuters reported.
Tan is alleged to have done this investment between March 2012 and December 2024. According to the report, many of them are considered to be related to China’s army and advanced manufacturing areas. This is the reason that Trump has described Ten as disputed and demanded his resignation.
The impact started on the share
After the statement of the US President and media reports, it has started having a direct impact on the stock market. Following this statement by Trump, Intel’s stock has also seen a huge decline, which has become a new challenge for the company. As the market closed, the stocks broke up to about 3 percent.
Who Intel’s CEO?
Intel made Malaysia-born American Technology Executive Lip-Bai Tan in March 2025 as its new CEO. Along with this, he is also the founder and chairman of Walden International. Before joining Intel, Tan has worked as CEO of Condenses Design Systems from 2009 to 2021. Hewlett has worked with several big technology companies including Pacard Enterprise and Schneider Electric.