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Intel stock drops 3% after Trump demands its CEO 'resign immediately,' calling him 'highly conflicted'
Intel CEO Lip-Bu Tan is in the political crosshairs, with Trump calling for his resignation over his reported investment ties ...
Trump demands 'highly conflicted' Intel CEO resign over China ties
A change in leadership could pile pressure on the company as it pushes through a major strategic reset that Lip-Bu Tan ...
Trump announces 100% tariff on semiconductors made outside the US in potential blow to domestic businesses
Trump described the 100% tariff on semiconductors made outside the country as a way to hold accountable companies that ...
Trump Says He Plans To Put A 100% Tariff On Computer Chips, Likely Pushing Up Cost Of Electronics
President Donald Trump says he's imposing a 100% tariff on computer chips— a move that will likely raise the cost of ...
Trump call to oust Intel CEO Tan could sidetrack chipmaker's turnaround
Intel CEO Lip-Bu Tan is already facing an uphill battle in turning around the ailing chipmaker. Now, U.S. President Donald ...
Former Intel board members: America’s champion is likely to retreat, and we still need a leading-edge chip manufacturer
All of these announcements strongly imply a gradual exit from the chip manufacturing business, turning Intel into a fabless ...