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Trump calls for Intel boss Lip-Bu Tan to resign over alleged China ties
The unusual demand adds to challenges facing the firm, which has been seen as falling behind in the chip race.
In a social media post, Trump said Lip-Bu Tan was "highly conflicted", apparently referring to his alleged investments in companies that the US says are tied to the Chinese military.It is unusual for a president to demand the resignation of a corporate executive. Cotton pointed to Mr Tan's role as the longtime chief executive of tech firm Cadence Design Systems, which pleaded guilty in July and agreed to pay $140m over US charges that its subsidiary in China had repeatedly done business with the country's National University of Defense Technology, violating US export controls. Industry expert Patrick Moorhead, founder of Moor Insights & Strategy, said he thought Trump was using the controversy over Mr Tan's ties to China to put pressure on Intel over some other issue.
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