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President Donald Trump called for the resignation of Intel Corp. Chief Executive Lip-Bu Tan on Thursday, after a lawmaker questioned his ties to the Chinese government, military and companies in the country.
The comments set the stage for potentially more leadership drama at Intel
INTC, which is on its third CEO in five years. Analysts in recent months have praised Tan’s willingness to focus on company culture and think critically about areas of the business, while acknowledging that Intel has steep challenges ahead of it.