In a reversal, Trump praises Intel CEO days after demanding his resignation

Less than a week after publicly demanding the resignation of Intel's CEO, Donald Trump has changed his tune, now calling Lip-Bu Tan's career an "amazing story". The pivot comes after Trump's initial attack last week sent Intel shares sliding. The stock bounced back on Tuesday, rising before the market opened.

Aug 12, 2025 - 23:30
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In a reversal, Trump praises Intel CEO days after demanding his resignation
Less than a week after publicly demanding the resignation of Intel's CEO, Donald Trump has changed his tune, now calling Lip-Bu Tan's career an "amazing story". The pivot comes after Trump's initial attack last week sent Intel shares sliding. The stock bounced back on Tuesday, rising before the market opened.

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