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Intel's CEO has successfully wooed President Trump


It sounds like President Trump no longer thinks Intel's CEO should resign.

According to a report by the Financial Times, Tan wrote a letter to Intel employees about the issue, telling that there had been a lot of misinformation about the roles he'd held. Trump's call for Tan to resign reportedly came about due a letter from Tom Cotton, the Republican head of the Senate Intelligence Committee, to the Intel CEO. Tan was named the CEO of Intel in March, taking over a company that was losing money due to its foundry business being unable to secure big customers and lagging behind rivals like Taiwan Semiconductor.

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