Trump attack on Intel’s CEO could compound factory struggles

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At the end of July, Gov. Mike DeWine of Ohio said Intel‘s chief executive was “very, very optimistic” about the company’s plans to build multibillion-dollar semiconductor factories in his state. Last week, President Donald Trump attacked the tech executive, and a Republican senator called for an investigation into delays surrounding Intel’s massive construction project outside Columbus.

Trump demanded Thursday that Lip-Bu Tan, Intel’s new CEO, resign over his past ties to Chinese companies, adding to the woes of a company that DeWine and other senior…



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Trump attack on Intel’s CEO could compound factory struggles



At the end of July, Gov. Mike DeWine of Ohio said Intel‘s chief executive was “very, very optimistic” about the company’s plans to build multibillion-dollar semiconductor factories in his state. Last week, President Donald Trump attacked the tech executive, and a Republican senator called for an investigation into delays surrounding Intel’s massive construction project outside Columbus.

Trump demanded Thursday that Lip-Bu Tan, Intel’s new CEO, resign over his past ties to Chinese companies, adding to the woes of a company that DeWine and other senior…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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