STORY: Trump in a social media post called Tan, who was hired in March to turn around the struggling chipmaker, “highly conflicted” due to the Intel CEO’s ties to Chinese firms.Coons said that for Trump to say there is a conflict of interest “feels a little bit like the pot calling the kettle black.””There’s conflict all over the place,” Coons added. “We just have to be real about that.”A leadership change could pile pressure on Intel, which is a pillar of U.S. efforts to boost domestic chipmaking, after the chipmaker secured $8 billion in government subsidies to build new factories in Ohio and other states.”It’s never good when you see, you know, any politician overstepping, and it doesn’t matter whether it’s the president or some other politician,” Coons said. “There [are] shareholders, stakeholders of the company, and right now the U.S. government is not one of those, so they should stay out of that business.”Read More
Trump should ‘stay out of’ Intel’s business, says market expert
