Intel CEO Lip-Bu Tan defended his integrity and vowed to continue leading the semiconductor company through a "critical moment."

President Donald Trump has called on the new CEO of the technology company Intel, Lip-Bu Tan, to resign immediately."The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem.

Intel Chief Executive Lip-Bu Tan on Thursday said the chipmaker is engaging with the U.S. administration to clarify concerns and ensure accurate information is provided after President Donald Trump demanded his immediate resignation earlier in the day.