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Trump Calls for Intel CEO's Immediate Resignation

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Trump Calls for Intel CEO's Immediate Resignation

Intel stock fell 5% after President Trump called for CEO Lip-Bu Tan's immediate resignation via Truth Social. Trump cited unspecified conflicts, while Senator Cotton questioned Tan's ties to Chinese companies and a past Cadence Design case. Tan, appointed in March, is attempting to reverse Intel's declining sales. Intel has yet to respond to requests for comment.

Prepared by Christopher Adams and reviewed by editorial team.

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