Trump demands resignation of Intel CEO over alleged China ties [MSNBC.com]
GlobalFoundries Inc. (GFS)
Company Research
Source: MSNBC.com
President Donald Trump on Thursday demanded that the CEO of the tech firm Intel resign immediately, saying he is “highly conflicted” because of alleged ties to China.“There is no other solution to this problem,”Trump wrote on Truth SocialTrump’s attack on the Intel chief is his latest attempt to pressure the semiconductor industry, which has fueled the boom in artificial intelligence. On Wednesday, he said he would hit imported computer chips with a 100% tariff unless companies are making them, or plan to make them, in the United States.The demand also comes afterSen. Tom Cotton wrote to Intel ChairmanCotton, a Republican from Arkansas, claims in the letter that Intel’s recently named CEO, Lip-Bu Tan, “reportedly controls dozens of Chinese companies and has a stake in hundreds of Chinese advanced-manufacturing and chip firms. At least eight of these companies reportedly have ties to the Chinese People’s Liberation Army.”Cotton asked Intel whether it had asked Tan to “divest from his p
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GFS
Earnings
- 11/12/25 - Beat
GFS
Sec Filings
- 12/11/25 - Form 6-K
- 12/2/25 - Form 144
- 11/12/25 - Form 6-K
- GFS's page on the SEC website