
Jim Cramer on Thursday called President Donald Trump’s calling for the resignation of Intel CEO Lip-Bu Tan “incredibly salient” to the company’s future.
In a post on X, the CNBC host said, “Lip Bu Tan is incredibly important to the turn at Intel,” highlighting Tan’s influence as a longtime semiconductor investor and executive.
Trump on Friday said that the CEO of Intel should resign, calling Lip-Bu Tan ‘highly conflicted.’ “There is no other solution to this problem,” he said in a post on Truth Social, after Senator Tom Cotton raised concerns about Tan’s connections with Chinese companies hurting national security on Wednesday.
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Read also: Trump Pushes For Intel CEO Resignation, Says He’s ‘Highly Conflicted’
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