INTEL'S CEO, UNDER ATTACK FROM TRUMP, IS ALREADY AT ODDS WITH HIS BOARD

Summary from the TLDR newsletter

Intel's Chief Executive Lip-Bu Tan and some Intel directors disagree on topics as central as whether the company should stay in the manufacturing business or exit it entirely. Tan recently tried to raise new capital to acquire an artificial intelligence company, but efforts have been stalled by people on the board. Despite Trump unexpectedly calling for Tan's ouster, the company is so far standing by Tan, saying that the board and Tan are all deeply committed to advancing US national and economic security interests. While Intel's chip factories are a money loser, some view them as politically important because they help secure the US semiconductor supply chain.