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Trump praises Intel CEO days after demanding resignation

Trump praises Intel CEO’s success days after demanding his resignation amidst questions over ties to China

Published

3 months ago

August 12, 2025

Ahron Young

Trump praises Intel CEO’s success days after demanding his resignation amidst questions over ties to China

In Short:
– Trump met Intel CEO Tan, reversing earlier calls for resignation and praising his achievements.
– Intel shares rose 2% amidst plans for collaboration and commitment to US technology leadership.

President Donald Trump met with Intel CEO Lip-Bu Tan on Monday, reversing his previous call for Tan’s resignation.

Trump praised Tan’s success during the meeting, which included other cabinet members. Intel shares increased by 2% following this news.Trump shared details of the meeting on Truth Social, acknowledging Tan’s achievements and stating that cabinet members would be collaborating with Tan moving forward. An Intel spokesperson confirmed the discussion, highlighting Intel’s commitment to US technology leadership.

Tan, who became Intel’s CEO in March, faced scrutiny from Senator Tom Cotton regarding his connections to China.

Last week, Trump labelled Tan as “highly CONFLICTED” and demanded his resignation, but this tone shifted in the latest statement. Intel reinforced its dedication to national security amidst concerns about global semiconductor competition, particularly with China.

Nvidia has also been involved in negotiations with the US government over export licenses, indicating the administration’s significant influence in the semiconductor industry.

Tan’s leadership aims to address Intel’s challenges after the company struggled in the AI market, with plans to cut costs and strategically relocate manufacturing operations.

New Developments

Intel shares have risen by 3% this year, while the S&P 500 has seen an increase of 8.4%.

News

Sign of the times? Hyundai and Mazda turn to China for EVs

Hyundai and Mazda tap China for new EVs, highlighting the country’s rising role in global electric vehicle production.

Published

7 hours ago

November 3, 2025

ticker NEWS

Hyundai and Mazda tap China for new EVs, highlighting the country’s rising role in global electric vehicle production.

Hyundai and Mazda are now sourcing new EVs from China, their first models built for and by the Chinese market. It’s a move that underscores China’s growing dominance in global electric vehicle manufacturing.

#EVs #ChinaAuto #Hyundai #Mazda #ElectricVehicles #CarNews #AutoTrends #MadeInChina

News

Terror on Cambridge train as nine injured in knife attack

Nine injured in Cambridge train stabbing; two arrests made as authorities investigate possible terror motives.

Published

12 hours ago

November 3, 2025

Ahron Young

Nine injured in Cambridge train stabbing; two arrests made as authorities investigate possible terror motives.

Nine people have been seriously injured after a violent stabbing spree on a train near Cambridge. Witnesses described scenes of panic as passengers scrambled for safety during the shocking incident.

Two men have been arrested, as British Transport Police—assisted by counterterrorism units—investigate the motives behind the attack. Armed officers reportedly tackled one suspect armed with a large knife as emergency services flooded the scene.

The attack has left the community shaken and authorities on high alert, with questions swirling about whether this was an act of terror or a random rampage.

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#CambridgeAttack #UKNews #BreakingNews #TrainStabbing #CounterTerrorism #PoliceResponse #CrimeAlert #TickerNews

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Trump’s shock peace deal as Morocco and Algeria end fighting

Trump brokers historic peace between Morocco and Algeria; experts debate implications for Middle Eastern relations and global influence.

Published

12 hours ago

November 3, 2025

Ahron Young

Trump brokers historic peace between Morocco and Algeria; experts debate implications for Middle Eastern relations and global influence.

Donald Trump has once again stunned the world, this time brokering a historic peace agreement between Morocco and Algeria—with the backing of the United Nations. The move has many wondering whether the former U.S. president is reinventing himself as a global peacemaker.

Professor Tim Harcourt from UTS breaks down how Trump managed to secure the deal and what role the UN played in formalizing the agreement. Morocco’s vow to protect Jewish communities and strengthen ties with Israel adds another layer to this surprising diplomatic twist.

As Trump’s influence on global affairs grows, experts are debating whether this marks a genuine shift in Middle Eastern relations—or just a calculated political play on the global stage.
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#TrumpPeaceDeal #Morocco #Algeria #MiddleEast #Diplomacy #UN #Israel #TickerNews