President Trump says Intel’s new CEO “must resign immediately”

President Trump has called for the immediate resignation of Lip-Bu Tan, the newly appointed CEO of Intel Corporation. In a series of tweets, the President accused Tan of being "highly conflicted" due to his involvement with other semiconductor companies. The President's comments come shortly after Intel announced Tan's appointment as the company's new CEO, replacing the outgoing Bob Swan. Tan, a veteran of the semiconductor industry, also serves as the chairman of Cadence Design Systems and is the founder of venture capital firm Walden International. The President's statements suggest he believes Tan's multiple roles in the industry present a conflict of interest that could undermine Intel's competitiveness. However, the company has not commented on the President's demands, and it remains unclear whether Tan will step down as a result of the criticism. This situation highlights the ongoing tensions between the government and the technology industry, as well as the potential for political interference in the leadership of major corporations.