Intel CEO Tan Addresses US Gov't Allegations, Promising To Address Misinformation

You probably didn't have U.S. President Donald Trump calling for the immediate resignation of Intel CEO Lip-Bu Tan on your 2025 Bingo card, but here we are. Trump's demand sparked a wave of headlines and also resulted in a drop in Intel's share price. By the end of the day, both Intel and Tan issued a response. The question is, will their messaging be enough to placate the president?

We'll start with Intel, which stated in a short message that the company, its Board of Directors, and Tan are all on the same page and "deeply committed to advancing U.S. national and economic security interests" with key investments on domestic manufacturing.

Here is the full statement

"Intel, the Board of Directors, and Lip-Bu Tan are deeply committed to advancing U.S. national and economic security interests and are making significant investments aligned with the ...