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Fortune
Fortune
Chris Morris

Intel shares fall after Trump demands the CEO 'resign, immediately'

Intel Corporation LipBu Tan Donald Trump Tom Cotton Cadence
(Credit: Annabelle Chih—Bloomberg/Getty Images)
  • Trump called for the immediate removal of Intel CEO Lip-Bu Tan in a social media post Thursday. The post follows criticism of Tan by Arkansas Senator Tom Cotton, who has questioned his ties to China. Tan was named CEO of Intel in March.

Intel shares were down more than 3% in mid-morning trading Thursday after Donald Trump called on social media for the company’s CEO to “resign, immediately.”

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