Intel’s new CEO Lip-Bu Tan is under fire after Donald Trump publicly demanded his immediate resignation over alleged ties to Chinese companies, calling him “highly conflicted.” This comes as Senator Tom Cotton also raised concerns about Tan’s connections and their impact on national security. Even before Trump’s involvement, Tan was already clashing with Intel’s board over the company’s future strategy, including manufacturing and AI investments. The controversy sent Intel’s stock tumbling and signals deepening turmoil at the chip giant, which has struggled to keep pace with rivals and faced leadership upheaval since Pat Gelsinger’s exit.