Trump asks Intel CEO to resign: Former directors call for a new company, say ‘Only a dramatic…’

Four former Intel board members support President Trump’s call for CEO Lip-Bu Tan’s resignation, advocating for a radical restructuring by spinning off Intel’s manufacturing arm to enhance U.S. chipmaking competitiveness. This proposal, driven by concerns over Tan’s ties to China, aims to create an independent foundry to rival TSMC and secure national security interests amid Intel’s declining market position.

Want More Context? 🔎