Intel 3.14% Plunge and 28th-Ranked $2.61 Billion Volume Amid Trump-Driven CEO Controversy Over China Ties

On August 7, 2025, Intel (INTC) closed down 3.14% with a trading volume of $2.61 billion, a 91.27% increase from the previous day’s activity. The stock ranked 28th in trading volume for the session.

Political pressure intensified on Intel’s leadership as former President Donald Trump demanded the immediate resignation of CEO Lip-Bu Tan over alleged ties to China. In a post on Truth Social, Trump labeled Tan “highly CONFLICTED” and insisted there was “no other solution to this problem.” The call followed a letter from Senator Tom Cotton (R-Arkansas) to Intel’s board, which highlighted Tan’s investments in Chinese companies through his venture firm Walden International. Reuters previously reported that Walden remained invested in entities linked to Chinese government funds and state-owned enterprises, raising national security concerns.

Intel responded by reaffirming its commitment to U.S. national and economic security, aligning with the “America First” agenda. However, the stock declined sharply in after-hours trading following Trump’s remarks. Tan, who took over as CEO in March, faces scrutiny over his prior investments and roles at Cadence Design Systems and Walden Catalyst Ventures. His appointment had initially boosted investor confidence, but recent challenges—including a 15% workforce reduction and struggles to compete in AI chip manufacturing—have weighed on the stock.

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