President Trump Calls for Intel CEO Lip-Bu Tan's Resignation Over Alleged China Ties

President Donald Trump has publicly called for the immediate resignation of Intel CEO Lip-Bu Tan, alleging conflicts of interest stemming from Tan's reported investments in Chinese technology firms linked to the Chinese military. In a post on Truth Social, Trump stated, "The CEO of Intel is highly CONFLICTED and must resign, immediately. There is no other solution to this problem."

This demand follows a letter from Senator Tom Cotton to Intel's board chair, expressing concerns over Tan's ties to Chinese firms and potential national security risks. Cotton highlighted that Tan reportedly controls dozens of Chinese companies and has stakes in hundreds of Chinese advanced-manufacturing and chip firms, with at least eight linked to the Chinese People's Liberation Army.

Tan, who assumed the role of Intel CEO in March 2025, previously served as CEO of Cadence Design Systems. Under his leadership, Cadence pleaded guilty to illegally selling export-controlled American technologies to a Chinese military university.

Intel, a key player in U.S. efforts to bolster domestic chip manufacturing, secured nearly $20 billion in grants and loans under the 2022 CHIPS and Science Act. The company has not immediately responded to requests for comment regarding the calls for Tan's resignation.

Following Trump's statement, Intel's stock experienced a decline of approximately 3.5%.