Intel CEO Faces Resignation Call Amid Tariff, Board Disputes

The United States President has called for the resignation of the Intel CEO, citing a serious conflict of interest. This demand has thrown the company, which is striving to reverse losses and maintain competitiveness in the era of artificial intelligence, into further turmoil. The CEO has been at odds with some members of the board over core strategic issues, including whether the company should continue its foundry business or exit it entirely. The CEO had been attempting to raise funds for the company's operations.

The President's call for resignation came just days after he announced a 100% tariff on chips and semiconductors. The President's demand was made public on a social media platform, where he stated that the CEO's internal conflict was severe and that resignation was the only solution. The company has responded to the President's criticism by reiterating its commitment to advancing national and economic security in the United States. The company has not provided further details on the nature of the conflict of interest or the steps it plans to take in response to the President's demand.

The situation remains fluid, and it is unclear how the company will proceed in the face of this latest challenge. The company has a long history of manufacturing in the United States, with operations spanning 56 years. It has invested tens of billions of dollars in domestic semiconductor research and manufacturing, including a new factory in Arizona that will use the most advanced manufacturing technology available in the country. The company is the only one in the United States investing in the development of leading-edge logic process nodes.

The company's board of directors has expressed support for the CEO, but there are reports of internal disagreements. The CEO has clashed with some board members over whether the company should exit the manufacturing business. The CEO's attempts to raise funds and acquire an artificial intelligence company have also faced opposition from some board members. The CEO, who is a veteran in the technology and venture capital sectors, took over the role in March with the aim of reversing the company's recent competitive setbacks.

This latest development adds a layer of political uncertainty to the company's already fragile recovery. The call for the CEO's resignation introduces a new level of complexity to the company's operations, potentially complicating its efforts to execute its strategic plans. The company's future direction and the resolution of the conflict of interest remain uncertain, as the situation continues to evolve.