Intel Investors Suffer Fresh Setback as CEO in Trump Crosshairs

Intel Corp. investors can’t catch a break.

Lip-Bu Tan was hired earlier this year to lead the struggling chipmaker out of its years-long morass, drawing applause from Wall Street and sending the stock price climbing. But just five months into his tenure as Intel’s chief executive officer, he’s drawing the ire of US President Donald Trump, who called for Tan’s resignation on Thursday due to what he called conflicts of interest.