Bu Tan to resign on Thursday, prompting the technology company's stock to slip before the opening bell."The CEO of Intel is highly CONFLICTED and must resign, immediately," Trump posted on Truth Social,

President Donald Trump has called for Lip-Bu Tan to immediately resign as Intel’s CEO over his reported ties to Chinese tech firms. The demand follows Arkansas Senator Tom Cotton questioning Intel’s board chairman whether Tan’s alleged connections to China would conflict with security regulations.

Intel CEO Lip-Bu Tan faces calls to step down from Trump and Republican senators due to his extensive business ties to Chinese firms and military-linked companies.