Less than a week after demanding his resignation, President Donald Trump is now calling the career of Intel’s CEO an “amazing story.” Shares of Intel, which slid last week after CEO Lip-Bu Tan came under fire from the US president, bounced higher before the opening bell on Tuesday. The attack from Trump came after Senator Tom Cotton sent a letter to Intel Chairman Frank Yeary expressing concern over Tan’s investments and ties to semiconductor firms that are reportedly linked to the Chinese Communist Party and the People’s Liberation Army.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Days after the SCO spectre, Trump and Modi signal optimism over US-India trade talks

US President Donald Trump and Indian Prime Minister Narendra Modi struck a…

Russia floats idea of ‘reset’ with United States after Trump declares victory

New opportunities to reset relations between Moscow and Washington have opened up,…

Israeli drone strike kills 26-year-old woman in central Gaza

An Israeli drone attack has killed a woman in the besieged Gaza…

RSF shelling kills ten in Sudanese capital Khartoum

Artillery shelling by Sudan’s paramilitary Rapid Support Forces struck a mosque and…