Trump calls for Intel boss to resign immediately, alleging China ties

Former President Donald Trump has called for the immediate resignation of Intel CEO Pat Gelsinger, alleging that the company has ties to China. This demand comes amid the perception that Intel has fallen behind in the global semiconductor race. The former president's statement, made on his social media platform Truth Social, cited unspecified "problems" with Intel's leadership and claimed that the company has become "too closely connected with China." However, Trump did not provide any evidence to support these allegations. Intel, one of the world's largest chipmakers, has been facing various challenges in recent years, including supply chain disruptions and increasing competition from rivals such as AMD and Nvidia. The company has also been investing heavily in new manufacturing facilities in the United States and Europe to bolster its market position. The former president's call for Gelsinger's resignation adds to the ongoing scrutiny and uncertainty surrounding Intel's operations and its relationship with China, a critical market for the semiconductor industry.
Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.