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Trump calls for Intel CEO Tan’s resignation over China ties

Trump calls for Intel CEO Lip-Bu Tan’s resignation over alleged conflicts of interest linked to ties with Chinese firms

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Trump calls for Intel CEO Lip-Bu Tan’s resignation over alleged conflicts of interest linked to ties with Chinese firms

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In Short:
– Trump calls for Intel CEO Lip-Bu Tan’s resignation, citing conflicts from his ties with Chinese firms.
– Tan defends Intel’s commitment to U.S. economic security amid concerns over the company’s declining performance.
U.S. President Donald Trump has called for the resignation of Intel CEO Lip-Bu Tan, labelling him “highly conflicted” due to his connections with Chinese firms.
According to Reuters, Tan has invested significantly in Chinese chip manufacturers, some linked to the military.
Trump’s demand followed concerns expressed by Republican Senator Tom Cotton regarding Tan’s ties to these companies and a criminal case involving Tan’s previous employer, Cadence Design.Banner

The request raises questions about presidential influence over corporate leadership.

Analysts suggest it sets a concerning precedent, while others recognise the importance of Trump’s viewpoint.

Intel, which received $8 billion in subsidies under the CHIPS Act, has faced a decline in market share against competitors like AMD and Nvidia.

Future Uncertain

Tan, who took over as CEO in March, has responded to Trump’s comments through Intel’s commitment to U.S. economic security.

However, the company’s performance has been disappointing, with Intel losing its industry-leading status and struggling to meet its production goals.

Concerns persist over the ongoing construction of new manufacturing plants, particularly in Ohio.


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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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OpenAI and Anthropic launch faster, smarter AI tools for enterprise coding

OpenAI and Anthropic launch advanced coding models, revolutionizing enterprise software development and intensifying the AI tooling competition.

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OpenAI and Anthropic launch advanced coding models, revolutionising enterprise software development and intensifying the AI tooling competition.

OpenAI and Anthropic have unveiled powerful new AI coding models aimed at transforming enterprise software development. GPT-5.3 Codex operates 25% faster than its predecessor, tackling complex tasks and following real-time directions without losing context.

Claude Opus 4.6 introduces ‘agent teams’, allowing multiple AI agents to work on tasks simultaneously. The update also includes a one-million-token context window, enabling large volumes of text and code to be processed in a single prompt.

GitHub now supports multiple coding agents, letting developers compare AI approaches on the same problems. Both OpenAI and Anthropic are pushing for enterprise adoption, highlighting the potential for professional applications across industries.

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#AI #MachineLearning #TechNews #EnterpriseTech #OpenAI #Anthropic #SoftwareDevelopment #Coding


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Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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