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Intel CEO Lip-Bu Tan responds to Trump comments that he should resign

Intel CEO Lip-Bu Tan has responded after Donald Trump accused him of being "highly conflicted" and said he should resign.

Tan has invested in Chinese tech companies through his own venture capital firm, including SMIC (Semiconductor Manufacturing International Corp.), China's biggest chip maker. Tan took over a very leaky ship with Intel, which has bled red ink over the failure of its foundry business to keep up with rivals like TSMC and win customers. Trump has meddled with corporations ranging from Apple to Bank of America, making him what one pundit called "the most interventionist White House in my lifetime," particularly for a Republican.

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