Intel CEO Lip-Bu Tan is in the political crosshairs, with Trump calling for his resignation over his reported investment ties to the Chinese military.

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 called on the chief executive officer of Intel Corp. to resign because of what he called conflicts of interest, adding to the challenges for a company that is supposed to anchor restoration of the US semiconductor industry.