Technology8/8/2025Bloomberg

Intel CEO Says Has Board Support as Trump Calls for Resignation

Intel CEO Says Has Board Support as Trump Calls for Resignation

Intel CEO Lip-Bu Tan has stated that he has the full support of the company's board, addressing US President Donald Trump's recent call for his resignation due to alleged conflicts of interest. The conflict of interest claims stem from Tan's past roles, including his position as the chairman of Walden International, a venture capital firm that has invested in companies that compete with Intel. However, Tan has maintained that he has properly addressed any potential conflicts and that he enjoys the full confidence of Intel's board. The article notes that Intel has not provided any further details on the specific nature of the alleged conflicts of interest or how they have been addressed. The company's board has expressed its continued support for Tan's leadership, despite the calls for his resignation from the US President.

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