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Benzinga
Benzinga
Business
Namrata Sen

Trump Calls For 'Highly Conflicted' Intel CEO's Resignation: 'There Is No Other Solution'—Stock Falls Nearly 4% In Pre-Market

Intel Corporation Donald Trump LipBu Tan Ark. INTC Nasdaq
Haifa,,Israel,-,November,1,,2022:,Intel,Research,And,Development

President Donald Trump called for the immediate resignation of Intel (NASDAQ:INTC) CEO, Lip-Bu Tan, citing a conflict of interest.

Trump took to his Truth Social on Thursday to express his opinion on the current situation at Intel. He stated that the CEO of the chipmaker is in a conflicted position and should step down. The post read, “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem.”

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