🚨🔥 BREAKING NEWS🔥🚨

Intel CEO Lip-Bu Tan is set to meet with U.S. President Donald Trump today after Trump demanded Tan's resignation last week. Trump accused Tan of being "highly conflicted" due to his investment ties to Chinese technology and manufacturing companies, some of which have alleged links to China's military sector .

Details on the Meeting and Controversy

- *Reason for Demand*: Trump cited Tan's connections to Chinese firms as a national security concern.

- *CEO's Response*: Lip-Bu Tan plans to defend his record and highlight Intel's strategic role in the U.S. economy during the meeting.

- *Intel's Position*: Tan stated he shares Trump's commitment to U.S. national and economic security, and Intel will continue to be a trusted government partner.

Impact on Intel

- Intel's shares dropped over 3% after Trump's demand for Tan's resignation.

- The controversy comes amid fierce competition in the chipmaking industry and heightened U.S.-China tech rivalry .

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