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Intel fell by the fees after CEO will immediately resign


Intel’s General Manager Lip-Bu Tan speaks of the company’s technological manufacturing in San Jose, California on April 29, 2025.

Laure Andillon | Reuters

Elet Shares were under pressure after the president after Thursday Donald Trump Called to resign the General Manager of Chipmaker.

In a social truth, Trump said Intel leader Lip – This is “It is conflict and must immediately resign. There is no other solution to this problem.” Intel decreased in the back of this post, the last negotiation is 5% lower.

Intel did not respond immediately to a request for comment.

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In March, he was appointed Director of Intel in March as Chipmaker tried to revoke the decline of sales, under the direction of Pat Gellinger.

This week, Tom Cotton, a R-Ark instinct., Tan asked Tan’s links to Chinese companies and referred to a past crime case Cadence designWhere, until 2021 was CEO, Reuters reported.

Cotton wrote to Intel’s chair “Intel can express the security and integrity of Intel and influence the US national security,” Reuters said.

“Intel must be responsible for taxpayer dollars and comply with applicable safety regulations,” said cotton. “Tan’s associations suggest questions about the ability to comply with these duties.”

Tan has invested in various Chinese companies, including some of the military in the country, both directly or with risk funds, Reuters reported in April.

Intel Beat Profits Hoping when he reported finances in the second quarter of July, but announced a number of spending cuts.

In a memo, TANK announced cuts for the company’s expensive disappear The division, which makes the chip for other companies and had a loss of $ 3.17 million.

The company canceled planed fab projects in Germany and Poland, and established Vietnam and Malaysia test and assembly operations. Tan also said Intel to build a Chicken Chip factory.

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