Intel CEO Sells Stake to US
Maria Sandu
Talk about a reversal of fortunes. Barely two weeks after US President Donald Trump called for the resignation of Intel CEO Lip-Bu Tan on account of his alleged conflicts of interest, Tan sold a 10% stake in the chipmaker to the US government. In a Truth Social post on Aug. 7, Trump wrote, “The CEO of Intel is highly CONFLICTED and must resign, immediately. There is no other solution to this problem.” Trump was alluding to the 66-year-old Tan’s reported investments in companies with ties to the
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