Technology8/7/2025Bloomberg

Trump Urges Intel CEO to Step Down, Calling Him ‘Conflicted’

Trump Urges Intel CEO to Step Down, Calling Him ‘Conflicted’

In a surprising move, President Donald Trump has called for the resignation of Intel's CEO, citing "conflicts of interest." The president's criticism comes as Intel faces challenges in adapting to the changing technology landscape, particularly in the field of artificial intelligence. The president has not elaborated on the specific conflicts of interest he believes the CEO has, but his intervention in the affairs of a major tech company is seen as an unusual step. Intel, a leading semiconductor manufacturer, has been working to maintain its dominance in the industry amid increasing competition from rivals such as AMD and Nvidia. The company's struggles to keep pace with the rapidly evolving AI sector have also raised concerns among investors and industry analysts. Trump's call for the CEO's resignation adds further uncertainty to Intel's future, as the company navigates these complex challenges.

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