WASHINGTON, Aug 7 (Bernama-dpa) — United States (US) President Donald Trump is calling for the immediate resignation of Intel chief executive Lip-Bu Tan, after a US senator accused the chip manager of being too close to China, German Press Agency (dpa) reported.
Intel only appointed the 65-year-old, the former head of chip developer Cadence, to the top job in March after a months-long search.
Republican Senator Tom Cotton pointed out that Cadence, under his leadership, illegally sold products to a military university in China and passed on technology to a Chinese company.
There are also reports that Tan controls “dozens” of companies in China.
Cotton demanded a response from the Intel board of directors by mid-August and has now received backing from Trump, who wrote on his Truth Social platform that Tan “is highly CONFLICTED and must resign, immediately.”
“There is no other solution to this problem,” he added.
Intel once dominated the chip industry, but fell behind in recent years.
The company hoped to transfer its strength in the PC business to mobile devices – but more energy-efficient processors prevailed.
Smartphone chips are widely sourced from Intel’s competitors such as Qualcomm or TSMC, and Nvidia leads by a wide margin in chip systems for artificial intelligence.
— BERNAMA-dpa
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