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Intel's stock tumbles after President Trump said the CEO must resign for allegedly being tied to the Chinese Communist Party.
We’ve been reporting for years on Intel’s massive semiconductor manufacturing facility — one that was supposed to be operational by now — and its financial hardships.
President Donald Trump on Thursday demanded the resignation of Intel CEO Lip-Bu Tan following reports and allegations that he has ties to China.
But Sun Yun, director of the China program at the Stimson Center, said Trump is bound by the Taiwan Relations Act, a domestic ...