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Donald Trump calls for Intel CEO Pat Gelsinger to resign
Thursday, August 7, 2025 at 12:44 PM
Former President Donald Trump has publicly called for the resignation of Intel CEO Pat Gelsinger. This development occurs amid ongoing discussions regarding semiconductor industrial policy and the implementation of the CHIPS Act, which heavily involves Intel's domestic manufacturing expansion.
Context
President Donald Trump has publicly called for the resignation of Intel CEO Lip-Bu Tan, labeling him "highly conflicted" due to alleged past ties to Chinese firms. This demand follows a period of intense volatility in the relationship between the administration and the chipmaker; in August 2025, the U.S. Government took a 9.9% stake in Intel through an $8.9 billion investment, effectively making the taxpayer a primary shareholder. While Trump previously praised Tan as a "success" following a White House meeting in January 2026, this latest rhetoric marks a sharp reversal.
The friction comes as Intel remains the only U.S. company performing leading-edge logic R&D and manufacturing domestically, a position the administration considers vital for national security during the ongoing conflict with Iran. Investors are closely monitoring whether this political pressure will force a leadership change or impact the $11.1 billion in total CHIPS Act and Secure Enclave funding committed to the company's domestic expansion.
Sources (9)
Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership - Intel NewsroomTrump calls Intel CEO 'success' days after demanding resignationIntel CEO to visit White House on Monday, source says | ReutersEx-Intel CEO discusses new chip, US manufacturing push | Fox Business VideoIntel will give the U.S. government a 10% stake, Trump says : NPRTrump calls for Intel boss Lip-Bu Tan to resign over alleged China tiesDonald Trump’s government buying stake in Intel prompts GOP complaintsTakeaways from intelligence officials’ testimony amid war with Iran | CNN Politics
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