Intel shares slumped on Thursday after President Donald Trump said in a social media post that the chipmaker's CEO needed to ...

Shares of Intel slumped Thursday after President Donald Trump said in a social media post that the chipmaker's CEO needs to resign.

The board also reportedly stopped Tan from raising fresh capital and opposed his bid to buy an artificial intelligence company.

President Donald Trump has publicly called for Intel CEO Lip-Bu Tan to resign “immediately,” accusing him of having conflicts of interest tied to investments in Chinese companies linked to the country ...

Shares of Intel slumped Thursday after President Donald Trump said in a social media post that the chipmaker's CEO needs to ...