Embattled Intel CEO calls out ‘misinformation' after Trump demands he step down over alleged ties to Chinese military
1. CEO Lip-Bu Tan faces criticism over ties to China and Trump’s call to resign. 2. Tan asserts he's operated within legal standards despite past investments in Chinese firms. 3. Intel awarded $8.5 billion under CHIPS Act, working with Biden and Trump administrations. 4. Board members contest whether to keep chip manufacturing or spin off the unit. 5. Power struggle indicates ongoing instability in Intel's leadership and strategic direction.