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Your email address will not be published.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

Russia ‘rejects’ US-led resolution on Hormuz at UN 

Russia’s Permanent Representative to the United Nations, Vasily Nebenzya, has firmly rejected…

Israeli army kills two Palestinians in Jenin

Two Palestinians were shot to death, including a minor, during an Israeli…

Xi hails China-France ties during Macron’s Beijing visit

Chinese President Xi Jinping welcomed his French counterpart Emmanuel Macron to Beijing.…

Al Aqsa clashes: UAE summons Israeli ambassador

Cairo: The United Arab Emirates summoned the Israeli ambassador to protest against…