08:01 AM EDT, 08/08/2025 (MT Newswires) -- (Updates with Intel's ( INTC ) response in the final paragraph.)

President Donald Trump said Thursday on Truth Social that Intel ( INTC ) Chief Executive Lip-Bu Tan is "highly CONFLICTED" and should resign immediately.

"There is no other solution to this problem," Trump said.

"Intel ( INTC ), the Board of Directors, and Lip-Bu Tan are deeply committed to advancing U.S. national and economic security interests and are making significant investments aligned with the President's America First agenda," an Intel ( INTC ) spokesperson told MT Newswires via email. "Intel ( INTC ) has been manufacturing in America for 56 years. We are continuing to invest billions of dollars in domestic semiconductor R&D and manufacturing, including our new fab in Arizona that will run the most advanced manufacturing process technology in the country, and are the only company investing in leading logic process node development in the U.S."