Mr. Trump on Thursday accused Tan of being "highly CONFLICTED" in a post on Truth Social and called for his immediate resignation. The president's post came after Sen. Tom Cotton, a Republican from Arkansas, sent a letter to Intel Chairman Frank Yeary on Tuesday expressing concern over Tan's investments and ties to Chinese businesses.

Intel CEO Lip-Bu Tan responded to President Trump's public call for his resignation late Thursday, calling reports about his career "misinformation." In a letter to staff, he said

Lip-Bu Tan and the chip maker’s directors have been clashing over how to revive the tech giant.